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Determine about the Principal-agent theories
Wwhich concentrate especially on the problems of asymmetric information among the parties to a contract: the impossibility to perfectly monitor the other party is overcome by the introduction of economic incentives. The implementation of the contract takes place problem-free through legal compulsion,
Purchase of Shares - Voidable Contracts However an infant who applies to is allotted, a company's shares becomes a member to the company under S.28 (2) for the Companies Act f
Method of Service: Article 131 provides that a notice may be given by the company to any member either personally or by sending it by post to him at his registered address or
Question 1: (a) What is meant by: (i) Ratio Decidendi (ii) Obiter Dicta (iii) Legal Doctrine (b) Distinguish between Criminal Law and Civil Law.
Fraud or improper conduct: English courts have intervened on numerous occasions and lifted the veil of incorporation in order to circumvent a fraudulent or improper design by
Equity: Moreover the word "equity" ordinarily means "fairness" or "justice". In fact as a source of England law there the phrase "doctrines of equity" denotes the body of Eng
The Doctrine of 'Ultra Vires': The doctrine of ultra vires is a legal rule that was articulated by the House of Lords in the case of Ashbury Rail, Car
Jordan is the director a big engineering Company. Tyson is the Chief Engineer of the company. He is working on the company's new project, namely the construction of a new building
Jack has operated a house building business as a sole trader for a number of years. Now, his accountant has recommended that he should consider registering as a company in order to
V alues Basic convictions or beliefs which are specific behaviors and out- comes are more desirable compare to others. Values are judgmental in which they include our ideas
Transactions Arising In A Liquidation: In collection in and realisation of assets in order to pay the company's debts and then to distribute any surplus to members the liquida
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