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COMMENCEMENT:
However section 46(4) of the constitution offers that like, a law made through Parliament shall not come in operation whether it has been published in the England Gazette until. Although it empowers Parliament that subject to certain exceptions and to postpone the coming into operation of any law and to make laws with retrospective effect also.
Mode of Reduction: S.68 (1) expressly states that a company may reduce its capital "in any way". There is therefore no statutorily prescribed mode of reduction and the actual
Q. Approaches to defining phoenix activity? There are a number of approaches to defining phoenix activity that could be used. These approaches are summarised below. It should b
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 association: The memorandum of a company limited by shares or by guarantee must state that the liability of the company's members is limited. Hence the memorandum
What are the aspects of immunity from jurisdiction There are various aspects of immunity from jurisdiction and state jurisdiction is often misunderstood with act o
QUESTION 1 (a) What are the three main features of security? Define the different types of security that banks normally take to secure credit facilities (b) The Borrower Pro
Political and Education function of Chief Justice Political Function Moreover the chief justice administers the presidential oath for the person who is elected like pre
Exceptions to the rule in Foss v Harbottle: According to Professor Wedderburn, the so-called exceptions are essentially no exceptions at all. They appear to be circumstances
Lifting the Veil of Incorporation: The legal rule that a registered company is at law a different person altogether from the subscribers to the memorandum of association and o
Resolution to Wind Up Voluntarily: The type of resolution to be passed varies with the circumstances of the case, as provided in s.271(1): (a) If the articles provide for
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