Managing director - company management, Business Law and Ethics

Assignment Help:

Managing Director:

In Ellis v Bailey and Company (East Africa) Limited (76) it was stated that "without specific authority in the articles directors may not appoint one of their number to the position of managing director or other salaried office ... such an appointment would entail delegation of authority ... not authorised for directors".

This formulation of the law is a derivation from the general maxim of agency law, "delegatus non potest delegare".

Related Discussions:- Managing director - company management

Function and powers of chairman, Function and Powers of Chairman: In t...

Function and Powers of Chairman: In the case of National Dwellings Society v Sykes Chitty, J. stated: "It is the duty of the chairman, and his function, to preserve order,

Define a conflict of interest, Question How does the RTL Code define ...

Question How does the RTL Code define a 'conflict of interest'? Give one example of how the RTL Code suggests a conflict of interest may arise.

Concept of authority - agency law, Concept of Authority - Agency Law W...

Concept of Authority - Agency Law Whether this is the oral or written permission conferred on a person through another to do a particular thin. Thus it is a factual concept a

What are the principles of good governance, Question 1: The question of...

Question 1: The question of morality of Public Servants has become a public issue nowadays. What according to you are the factors that have contributed to such a situation?

Alien tort claims act, Alien Tort Claims Act Problem: You work ...

Alien Tort Claims Act Problem: You work at a New York law firm and have been invited by the partner you work for to attend a meeting with Mrs. Esther Kiobel and a dozen

Need for research design, Need for research Design: a. It facilities ...

Need for research Design: a. It facilities the smooth sailing of the various research operations thereby making research as efficient as possible yielding maximal inf

Raising of capital, Raising Of Capital: In commercial parlance, the wo...

Raising Of Capital: In commercial parlance, the word 'capital' is generally used to denote the amount by which the assets of a business exceed its liabilities. Conversely, in

Ways which affect the behaviour of the policy maker, Ways which affect the ...

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

Case briefing - instructions and guidelines, EXPLAINING THE PURPOSE OF THE ...

EXPLAINING THE PURPOSE OF THE CB ASSIGNMENTS An essential part of understanding the law is being able to read, digest, and synthesize legal cases (also referred to as case law o

Contractual capacity of drunken persons, Contractual Capacity of Drunken Pe...

Contractual Capacity of Drunken Persons Whether a person purported to enter with a contract at a time at what time he was too drunk to understand then what he was doing and th

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages