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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.
Under Table A, article 53, no business is to be transacted at a general meeting unless a quorum of members is present "at the time when the meeting progressed to business". In Re: Hartly Baird Ltd it was held such that the words "of the time when the meeting proceeds to business" mean that the quorum is required only at the time when the meeting begins. There need therefore be no quorm after the meeting has began and it may be legally continued - provided there are at least two persons present who would constitute a valid meeting at common law
Question 1: Why are some activities organized through private collective action, that is, the market whereas other activities are organized through public collective action?
Loans - Void Contracts However all loans made for an infant are void and irrevocable. Since in Leslie Ltd. v. Sheill the infant defendant had obtained two advances of two hun
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Contents of Group Accounts: By s.152(1), the group accounts laid before a company shall give a true and fair view of the state of affairs and profit or loss of the company and
Explain the term RECOGNITION RECOGNITION The term Recognition under international law means and involves the acceptance or acknowledgment of the existence by a State of an
Estate Planning Case Study Rich and his wife, Ruby, heard that you are an expert in the field of Estate Planning as a result of the superior education you received at WPU. The
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Houghland, a passenger in one of McAnn's buses, had his suitcase stored in a luggage comp of the bus for a trip from Brisbane to Cairns. The suitcase was lost during the course of
Equity: Moreover the word "equity" ordinarily means "fairness" or "justice". In fact as a source of England law there the phrase "doctrines of equity" denotes the body of Eng
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