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Q. Statutory task force on phoenix activity ? A long term option could be the establishment of a statutory task force on phoenix activity. This could be supported by all the re
Q. Approaches to defining phoenix activity? There are a number of approaches to defining phoenix activity that could be used. These approaches are summarised below. It should b
Registration of Resolutions: By S.143(1) a printed copy of the following resolutions shall, within 30 days after the passing thereof, be delivered to the registrar for registr
Brokerage: Brokerage is a payment made by a company to a broker, or brokers, in consideration for "placing" the company's shares. It differs from underwriting commission in th
ELECTION OF CHAIRMAN: S.134(d) provides that, unless the articles of a company contain a contrary provision, any member elected by the members present at a meeting m
MEANING OF "OPPRESSION": The Section does not define the word "oppression" or what constitutes "oppressive conduct". However, the Cohen Committee's Report
Investigation of Company's Membership: Section (1) empowers the registrar to appoint one or more competent inspectors to investigate and report on the membership of any comp
Jevin has operated a business as a sole trader for a number of years. Now, he is being advised by friends that he should consider registering as a company in order to gain the bene
Matters and Reports: The matters and reports to be stated in a prospectus may be summarised as follows: 1. The Matters The matters to be stated in a prospectus are:
when can implied condition can be treated as warrantee?
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