Solution-Justification for the sections of the corp

Justification for the sections of the corp act-section 124

Assignment Help Business Law and Ethics

Reference no: EM131066300

TRANSACTION ASSIGNMENT

PART 1 -

Register a Proprietary Limited CO. You should refer to Section 117 of the Corp. Act, complete an APPLICATION FORM and prepare all relevant consents NB section 117(2).You must also create a share register NB sections 167, 168 and 169.

PREPARE a CONSTITUTION - refer to sections 134 and 135. Your company's INTERNAL MANAGEMENT is to be governed by a COMBINATION of replaceable rules and a constitution.

THE CONSTITUTION MUST ONLY MAKE PROVISION FOR A CLASS OF REDEEMABLE PREFERENCE SHARES- NB sections 254A (2) and (3) of the Corp Act.

PART 2 -

RESEARCH then EXPLAIN the REASON and JUSTIFICATION for the following sections of the Corp Act: - SECTION 124; SECTION 129(1) and SECTION 588M (3). Your analysis of each section is worth 5% .WORD LIMIT -approx. 200 words per section.

Reference no: EM131066300

Questions Cloud

Partnership for the purpose of raising cows and pigs : In 2005, Hardy and Dorn entered into a partnership for the purpose of raising cows and pigs. The two men were to share equally all costs, labor, losses, and profits.

Improved growth in earnings and dividends : Home Place Hotels, Inc., is entering into a 3-year remodeling and expansion project. The construction will have a limiting effect on earnings during that time, but when it is complete, it should allow the company to enjoy much improved growth in earn..

How a change in the exchange rate affected your firm : Describe how a change in the exchange rate affected your firm. Explain what happened to your price and quantity. How can you profit from future shifts in the exchange rate? How do you predict future changes in the exchange rate?

Expectations of stakeholder for a nonprofit organization : What are some differences that one might anticipate among the expectations of stakeholder for a nonprofit organization versus a for-profit business? Do you believe nonprofit managers have to pay more attention to stakeholders than business man..

Justification for the sections of the corp act-section 124 : RESEARCH then EXPLAIN the REASON and JUSTIFICATION for the following sections of the Corp Act: - SECTION 124; SECTION 129(1) and SECTION 588M (3). Your analysis of each section is worth 5% .WORD LIMIT -approx. 200 words per section

How much net working capital does the firm need to fund : Dandee Lions, Inc. has a cash balance of $105,000; accounts payable of $290,000; inventory of $213,000; accounts receivable of $310,000; notes payable of $95,000; and accrued wages and taxes of $65,000. How much net working capital does the firm need..

What is the estimate probability of randomly choosing : What is the estimate probability of randomly choosing a battery with between 1970 and 2030 hours.

Structure of the organizing committee : Develop a plan for an event (e.g., golf tournament; gala ball; annual meeting; or a series of lectures, workshops, or seminars where a fee is charged for attendance or participation) for your organization. Specify your purpose; the target audience..

Calculate the current yield and yield to maturity on bond : You just purchased a bond for $974.42 that matures in 5 Years. The bond was originally issued at par and had an annual coupon rate of 10%. Calculate the current yield and yield to maturity on the bond you just purchased.

User Account

All Pages

Justification for the sections of the corp act-section 124

Reference no: EM131066300

Reference no: EM131066300

Questions Cloud

Reviews

Write a Review

Business Law and Ethics Questions & Answers

Legal environment of business caselet

Business ethics & legal issues caselet

Questions on business law and ethics

Discuss the doctrine of ratification of pre-incorporation

Discuss the extent of phoenixing activity

Application of law to facts

Question on business law and ethics

Questions on business law

Iidentify the issue raised by the facts

Evaluation of software development

Business value and ethics

Explain what is meant by income by ordinary concepts

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT