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Bills: Further an Act of Parliament begins as a Bill that is the draft of law that Parliament intends to make. In section 46(1) of the constitution states like "the legislati
TAKE-OVER BID: If Company A ("the transferee company") offers to acquire shares of Company B ("the transferor") and the scheme or contract to which the off
Fiduciary Duties: The fiduciary duties of directors arising from their fiduciary relation to the company have been the subject of consideration in an enormous body of case law
"Detriment" as consideration An example of a 'detriment' that will legally suffice like the consideration for a promise is provided with the case of Carlill v. Carbolic Smoke
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
What are the features of the OMC process Participation is also seen as a central feature of the OMC process, especially if it is to be extended beyond 'top-down' to encompass '
State Article 2 of Universal Declaration of Human Rights Article 2: 'Everyone is entitled to the rights and freedoms set forth in this Declaration...' - This clause iden
Winding-Up: (a) A company is dissolved, i.e. ceases to exist, when its name is removed from the register. It is usually necessary, before it can be dissolved, to liquida
Discuss about the three streams There come times, however, when these three streams are joined. An event in the political stream, such as a change in administration, calls for
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