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Arbitral Award
However the decision of the arbitral tribunal is referred to like an arbitral award. Therefore the terms of employment really require the arbitrator that must make an interim award. Conversely in all cases he must make a final award that must be written and signed through all arbitrators.
Further must state the reasons of the decisions and place's date of its making. However a copy of the award must be delivered to each party.
Remuneration: Article 108 provides that "a managing director shall receive such remuneration (whether by way of salary plus commission or may participation in earn
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Derivative action: In Nurcombe v Nurcombe Lawton L J stated that a derivative action is a procedural device for enabling the court to do justice to a company controlled by mis
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