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JURISDICTION
According to Peter Stephen Du Ponceau, an international lawyer from Philadelphia, Jurisdiction, in its most general sense means;
"The power to make, declare, or apply the law. When confined to the judiciary department, it is what we denominate the judicial power, the right of administering justice through the laws, by the means which the laws have provided for that purpose. Jurisdiction is limited to place or territory, to persons, or to particular subjects".
PROOF OF DEBTS: Many of the rules of bankruptcy apply to the discharge of the company's debts: s.310. The liquidator must obviously requ
MEANING OF "OPPRESSION": The Section does not define the word "oppression" or what constitutes "oppressive conduct". However, the Cohen Committee's Report
Shares Issued At A Premium: A company may at times issue its shares at a price above their nominal value, i.e at a premium. This may be necessitated by the fact that the compa
Make-or-Buy Decisions Make or buy decision is a strategic decision that any organisation has to make, between producing an item internally and buying it externally. With t
Financial Assistance For Purchase Of Own Shares: i) Financial Assistance For Purchase Of Own Shares S.56 (1) of the Act renders it unlawful for a company to give there wher
Important to observe that IHL prohibitions It is important to observe that IHL prohibitions should be identified and followed as their violations/breach may be considered as
QUESTION 1 Arbitration is an overriding condition in all business contracts. Without a clause for arbitration business relationship is bound to suffer. Critically examine this
Ways which affect the behaviour of the policy maker There may be at least three ways this uncertainty may affect the behaviour of the policy maker. a) He may chose mainly th
APPOINTMENT BY DIRECTORS: The company first auditors of may be appointed through the directors at any time before the first annual general meeting, and auditors so appointed s
What is the Theory of Contracts The specialized relationship between principal and agent and between agents themselves in the policy process has been explained with the economi
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