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QUESTION 1
Discuss the position in UK with respect to the Capital Maintenance Doctrine.
QUESTION 2
(i) What are the essential requirements of a valid Asset Protection Trust?
(iii) What are the various reasons for which a settlor might decide to create an Asset Protection Trust?
QUESTION 3
What are the procedure/requirements for obtaining a licence under the Financial Services Act 2007? In what circumstances and how can such a licence be varied, suspended, terminated?
DUTIES OF AUDITORS: The duties of auditors are explained in the following cases. 1. RE: KINGSTON COTTON MILL CO. (1896)(CHANCERY) For some years before a company was wou
Define the term- international implications of enforcement Agencies cooperate over time, they converge towards common principles that might then serve as the foundation for the
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Trading arrangements: From this statement, it can be inferred that, if a court held that a company acted in a particular instance as an agent of its holding company, the veil
State the issues relating to the public policy We shall focus on the issues relating to the public policy in an open economy setting in a bit more technical way. While approac
Question: i) Sheilana has worked for Tuna Canning Ltd for 15 years. Last Monday Sheilana was called to the Manager's Office and verbally informed that her employment was term
Q. Diffrence between phoenix activity and honest behaviour? There are circumstances where a business has been managed responsibly and fails, and after a period of time, its di
When is an employer not vicariously liable? An employer is not vicariously liable when: a. Worker is doing something in working hours as of a personal nature. b. She or h
Take-over bids: Section 210 provides that where a scheme or contract involving the transfer of shares or any class of shares in a company to another company has been approved
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