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Drawee - Negotiable Instruments
There following points concerning to the drawee should be noted. Through S.4(2) (a) provides that: like;(i) The drawee is dead or might bankrupt, or may is a fictitious person as well, or whether a person not comprising the capacity for contract, like the holder may treat it as dishonoured through non-acceptance there.(ii) The drawee is not pointed out along reasonable certainty, although someone like "accepts" just it, like whether the instrument may be treated such a promissory note Mason v Lack there.(iii) S.6(2) gives such a bill may be addressed for two or more drawees, although they are partners or not since an order addressed to two drawees in such alternative so, or may to two or like more drawees in as succession, such is not a bill of exchange there.
Differences between registered companies and partnerships: The basic differences between registered companies and partnerships are as follows: (a) Formation Registration
Defined specific acts that constitute an act of terrorism:- Convention on Offences on Board Tokyo Aircraft 1963 relates to hijacking. Unlawful Seizure of Aircraft in Hague 1
RESERVE CAPITAL: The reserve capital is defined by S.62 of the Act as the portion of the issued but uncalled capital of a limited company which the company's members, by speci
Labour Laws: The small units manufacturing items reserved for manufacture in small scale sector do not require any prior license. This is a major relaxation where no licensing or
Companys debts: In case a company is unable to pay its debts the creditors, or a creditor, may petition the High Court for an order to wind it up. During the winding up the me
State in brief about the term - Reputations Reputations can be defined as the actions an agent and expected to take. If he takes it up, he establishes his reputation or otherwi
Dishonour by Non-Acceptance The drawee is not prepared to meet the bill, such he will return it for the holder by means of a note to this effect, such the bill is then so said
Mrs. Lanuzzi began smoking in 1951 when she was fifteen. She smoked two packs a day until her death from lung cancer in 1984. She had tried several times, unsuccessfully, to quit.
ACCOUNTS AND AUDIT: By s.147(1) every company shall cause to be kept in the English language "proper books of account" with respect to - (a) all sums of money received and
Convening of General Meetings: General meetings are normally convened by the Board of Directors pursuant, to the relevant provision of the company's articles, such as Table A,
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