What do the terms good faith and best interests mean

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Reference no: EM131605431 , Length: word count:2400

Topic -

In a proceeding on behalf of a company the terms 'good faith' and "in the best interests of the company" are used to authorize a Court to grant an application.

Required - With reference to the above statement, case law and the Corporations legislation answer the following:

What do the terms 'good faith" and 'best interests of the company' mean as they are used in the Corporations Act 2001 (Cth)? Do the expressions 'best interests of the company' and 'in the interests of the company as a whole' mean the same thing?

The assignment will be marked according to the following criteria:

Research
Analysis
Technical aspects

Attachment:- Assignment File.rar

Reference no: EM131605431

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What do the terms good faith and best interests mean : What do the terms 'good faith" and 'best interests of the company' mean as they are used in the Corporations Act 2001 (Cth)

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Reviews

len1605431

8/19/2017 6:13:44 AM

Australian Student, 2400 words. Please use Australian Law, with latest references and Research properly. Harvard referencing system within text citation, when you reference it in your discussion you should identify the judgment and paragraph number. This is essential for direct quotes. Ensure your research applies to Australian law. Important: note the marking criteria. To avoid plagiarism you will need to cite the source of the information. You are expected to cite the research, including cases that discuss the term.

len1605431

8/19/2017 6:13:36 AM

Note the specific requirements: in particular the words ‘With reference to the above statement, case law and the Corporations legislation answer the following;” Do not forget about the assignment statement. Focus on Australian law (but English law could also be relevant). You are not expected to do in depth case analyses. When discussing cases avoid going off tangents. Stay connected with the assignment topic: (assess word count allocation.) For the purpose of the assignment the main thing you should get from the cases is the legal principles (what the law is).

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