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Classification of Companies:
Section 389 of the Companies Act provides that "no company there association or may partnership consisting of more than twenty persons shall be formed... unless it is registered as a company under this Act so there it t is formed in pursuance of some other Act, Act of the United Kingdom or of letters patent".
Three types of company are provided for under this section as like are:
(a) Chartered companies.
(b) Statutory companies.
(c) Registered companies.
Effect of Ultra Vires Transaction: An ultra vires transaction with a company may result in: a) a transfer of specific property to the company, or b) money being lent to
What must the claimant show to succeed? The claimant should show the given issues, for a case to succeed: a. There was a duty of care. b. There was breach of such duty.
Jordan is the director a big engineering Company. Tyson is the Chief Engineer of the company. He is working on the company's new project, namely the construction of a new building
A) As members of the WTO, recognize three (3) shared interests Japan, the EU, the USA and China all share. B) A court only requires to have personal jurisdiction over a par
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Liability by Estoppel Anyone who presents himself or permits himself for be represented, further by words, conduct or writing as the partner about another person like persons
Create a Poster The summative assessment for the module is a poster session. The poster must take a theoretical perspective, supported by appropriate applied examples The p
when can implied condition can be treated as warrantee?
Self-Control : Most entrepreneurs believe they can do the job better than anyone else and will strive for maximum responsibility and accountability. An entrepreneur needs to maint
Articles of Partnership - Partnership Law However a partnership need not be formed through written agreement, it is accustomed for 'Articles of Partnership' for be drawn up, s
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