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Directors Report:
By S.157 (1) the balance sheet must have attached to it a directors' report on the company's affairs, including the amount, if any, which they recommend should be paid by way of dividend, and the amount, whether any that they propose to carry to reserves within the meaning of the Sixth Schedule to the Act.
Question 1 Consider you are the manager of a banking organisation. You find negligence Question 2 Explain the conflicts involved in decision making Question 3 Consider a
Civil Case - African Customary Law Moreover customary law is applicable only in civil cases. Thus the District Magistrate's Court's Act 1967, S.2 restricts the civil case
Ratio Decidendi Conversely "ratio decidendi" of a case consists of the material facts of such case and the decision made through the judge on the basis of those facts. So hen
Legal Personality and Natural Persons Legal Personality Therefore from a legal point of view there a person is anything that the laws of a particular country recognize
RESERVE CAPITAL: The reserve capital is defined by S.62 of the Act as the portion of the issued but uncalled capital of a limited company which the company's members, by speci
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List of Members: S.130(6) provides that the directors shall cause a list showing the names and postal addresses of the members of the company, and the number of shares held th
Incorporation Osborne's "Concise Law Dictionary" defines incorporation as a "merging together to form a single whole; conferring legal personality upon an association of indi
QUORUM: However a quorum is the minimum number of persons who must be present at a meeting in order that the meeting may validly transact the business for that it was convened
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
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