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Directors Report:
By S.157 (1) the balance sheet must have attached to it a directors' report on the company's affairs, including the amount, if any, which they recommend should be paid by way of dividend, and the amount, whether any that they propose to carry to reserves within the meaning of the Sixth Schedule to the Act.
Bailment – Negotiable Instrument Whether Sir William Jones has specified the subsequent definition of bailment: like "A delivery of goods on trust on a contract, such express
QUESTION 1 Nowadays, many people are opting for Alternative Dispute Resolution (ADR) as a means to settle commercial disputes due to its advantages. Discuss QUESTION 2
Nature of a Company: There is no precise legal definition of "a company". This is due to historical reasons which are too lengthy to be narrated in this text. Suffice it to sa
Termination - Duties of Owner Although below S.12 of the Act the hirer may on any time before the final payment may or instalment falls due to terminate the agreement through li
Scheme of Arrangement: The following sequence of action is necessary: (a) application is made to the court (usually by the company itself) for an order that one or more me
Jurisdiction - High Court Whether under Section 60 of the constitution states in which the High Court shall have 'unlimited original jurisdiction in civil and the criminal mat
Explain Universal jurisdiction of criminal jurisdiction It is concerned with the application of a State's criminal jurisdiction in respect of offences committed against the int
Formation of Contract - Law of Contract However a legally binding agreement prepared between two or persons or more parties. Whereas it has also been explained as a promise o
Acceptance - Element of Contract However this is the external manifestation about assent through the offeree. Regarding to acceptance an agreement comes with existence between
Partnership Agreement - Voidable Contracts Conversely an infant is bound at common law through a partnership agreement although he is free to repudiate it at all time during i
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