Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Separate meetings of each group - mergers and winding up:
The first ground of objection was valid, ie. if within a single class of shareholders there are groups whose interests in the scheme are clearly different and opposed, approval must be obtained from separate meetings of each group.
The second objection was also upheld (though it was not necessary to decide this point as the scheme was disapproved on the first ground). In an earlier case, however, Re National Bank (1966), the court rejected this argument as there is nothing in the statutory rules to prohibit the use of a scheme of arrangement to effect a take-over bid.
A second requirement is that the company concerned shall show its support for the scheme since s.207 relates to schemes of arrangement "between" a company and its members or creditors. Hence a member cannot obtain a court order for calling meetings if the company itself is opposed to the scheme: Re Savoy Hotel (1981).
how do i answer a problem question in law about the law of contract
What is vicarious liability? Liability of the employer and employee: An employer may be liable like a result of a negligent action executed through the employee. It is term
Hire-Purchase and Credit Sale - Sales of good A Credit sale is a sale on credit. Whether A buyer of goods may be unable for pay the price in full on once and the seller may let
REGULATIONS REGARDING ALCOHOL PURCHASE AND STORAGE As YOU know, ethyl alcohol is one of the laboratory chemicals which can be misused. To control its purchase, storage and use,
XYZ Ltd has 1000 members and it has adopted a constitution. Matt is one of the directors of XYZ Ltd. Matt has made a gift of $10,000 to his wife, Melissa out of the Company's funds
Liabilities In Respect Of Prospectuses: 1. CRIMINAL LIABILITIES i) Issuing a form of application unaccompanied by a full prospectus: a fine not
Rules for Partnership - Partnership Law Joint tenancy, as such tenancy in common then joint property or common property and may part ownership does not of itself produce a
Determine the central feature of politics Indeed this manipulation is a central feature of politics: "Problem definition is the active manipulation of images of conditions by c
What is UDHR UDHR is therefore, considered as a source of international law relating to human rights. Apart from UNGA-responsible for issuing resolutions, the decisions of the
Equity -Non-Recognition of Trusts Therefore the common law did not recognize "trusts". Like a case whether A conveyed property to B "on trust" for C the common law courts cou
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd