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Article 4 - State Responsibilty
Article 4. Under this Article a State shall be responsible for those territories in its jurisdiction which have different status under its domestic law. For example F.A.T.A in Pakistan. Secondly this article also mentions the fact that a state shall also be responsible for the actions or omissions of its Organs as well such as the legislature. The legislature should not pass a law which is in breach of an international obligation. So a state is responsible for all its organs like Legislature, Judiciary and Executives. E.g. the Hubco Case.
Fraudulent Trading: Under s.323, if the court finds that the business of a company in liquidation has been carried on with intent to defraud creditors or for any fraudulent pu
Power to dispense with the word "Limited": Although s.5 provides that the last word of the name of a limited company must be "limited" this would n
PREFERENTIAL DEBTS: These unsecured debts which rank ahead of a floating charge and non-preferential debts are: (a) one year's taxes, i.e. corporation tax, PAYE income tax de
Sole proprietorship, partnership and company
Here, we have outlined the utility of National Building Code. We have explained the main features of Factories Act. Some of the provisions of Electricity Act and Rules which are re
Disadvantages of Statute Law: Imposition of law However some Acts are imposed on the people and reflect the views of the pundits or Executive in the ruling political part
1. Indicate whether the following statements are true or false and briefly explain your answer. a. Actions by government to increase spending and by the central bank to increase
Effects of an Order for Compulsory Liquidation: The effects of the order are follows as are: (a) the Official Receiver (an Official of the High Court whose duties relate ma
Determine the term - Real Income Effects This linkage between countries takes place through the current account of the balance of payments. It occurs when a change in one count
the right of debenture holder
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