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Explain Law making treaties
Law making treaties are those treaties which come into existence because of lack of customary laws related to a particular issue and in order to make people aware of certain provisions treaties are formulated. Law making treaties create general norms for the future conduct of the parties. For example, there were no customary laws on nuclear tests; therefore, a Comprehensive Test Ban Treaty (CTBT) was formulated, which prohibits nuclear testing. Similarly, World Trade Organization (WTO) can be classified as an example of a law making treaty.
Shares Issued At A Premium: A company may at times issue its shares at a price above their nominal value, i.e at a premium. This may be necessitated by the fact that the compa
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Explain Non Proliferation Treaty The treaty which regulates and limits the use of nuclear weapons is known as Non Proliferation Treaty (NPT), signed in 1968. The NPT lays down
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Declaration and Payment: There is no provision in the Act dealing with payment of dividends. It is therefore governed by the provisions of the company's articles, failing whic
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