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As part of this project, expert input was provided by employment law specialists Herbert Geer. Herbert Geer raised the possibility that the FWO could recover amounts lost by individual employees of a company by suing directors, other managers or agents of the company after the company has become insolvent. Currently, FWO cannot take action against companies without leave from the court (under Section 440D of the Corporations Act) and even then, there is the possibility that there is nothing to recover.
What are the types of international law? Two main types of international laws are there, it is public international law and private international law. Public law is law th
The United States form of government is often described as a "Constitutional Democracy ". The existence and importance of a written Constitution is a major difference between the A
Statutory power - mergers and winding up: It is usual to proceed under s.207 as there are technical difficulties over s.300 procedure. The liquidator's powers to reach a comp
OPPRESSION OF MINORITIES: 7.3.1 Section 211 of the Act provides that any member of a company who complains that the affairs of the company are being conduc
QUESTION 1 The global business sector has been expanding rapidly in Mauritius. Discuss the role of the FSC in this sector QUESTION 2 Tony is the director of Xservices L
MERGER ACCOUNTING: It may happen that, during a "take-over" of one company (A) by another company (B), shares in the latter company are issued to shareholders of the former co
Partnerships: A partnership is defined by s.3(1) of the Partnership Act as "the relation which subsists between persons carrying on a business in common with
Rules for Purchase of own shares: So now next despite the rule in Trevor V Whitworth a company may purchase or acquire its own shares in the following cases: a) Where it ac
Corgi was the breeder of prize-winning pedigree dogs that often sold for very high prices. Reynolds, a wealthy businessman who had recently retired, decided to purchase one of thes
Recovery of Possession of Goods However below S.15 where two-thirds or more about the hire-purchase price has been paid the owner is such precluded from enforcing the rights a
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