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Presumptions:
Therefore in their attempt to construe statutes that courts of law are guided through the subsequent assumptions or presumptions.;
(a) That the statute was not intended to change or alter or modify the common law.
(b) That the statute was not intended to affect or distress the crown.
(c) That the statute was not intended to interfere with vested rights of individual.
(d) That the statute was not intended to impose liability without fault.
(e) That the statute was not intended to have extra-territorial effect.
(f) That the statute was not intended to be inconsistent with international law.
(g) that an accused person is presumed innocent until proven or has pleaded guilty.
Personal rights invaded: A shareholder may sue to protect from invasion their own individual rights as members. This is illustrated by Pender v Lushington
Main advantages - mergers and winding up: A scheme of arrangement under s.207 offers three main advantages: (a) it can be used in circumstances to which s.210 and s.280
QUORUM: However a quorum is the minimum number of persons who must be present at a meeting in order that the meeting may validly transact the business for that it was convened
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