Assigment Law

the welfare of their employees and how they want to keep their employees satisfied in turn

Section 237: Power of Central Government to Provide for amalgamation of Companies in Public Interest

(3) Political and legal environment, factors related to policy and law that influence company’s operation.

Corporate capacity and authority were essential legal concepts which contained rules for when and how a company ought to be legally recognised as having validly acted and entered into a binding contract with third parties. Broadly speaking, the rules which applied to corporate capacity were the ultra vires doctrine and the doctrine of constructive notice. In regard to the concept of corporate authority, both the ultra vires doctrine and the doctrine of constructive notice also applied however their application was curtailed by the Turquand rule. The Turquand rule therefore only applied when the authority of directors was in question. A definitional overview of the concepts of corporate capacity and authority will be provided below, along with brief description of the doctrine of constructive notice and the Turquand rule.

The other fundamental issue that Charles raises is the treatment that the employees get from both the law and the proprietors/accounts. He says that employees in most instances are treated as property that belongs to the owner of the business and recorded as costs (salary/allowances) and not as assets. This effectively means that they are treated as things that are supposed to be minimized just like any other costs. This is a trend that needs to be changed and the employees need to be treated as cherished community together with the proprietors and the stakeholders. It should be a community that has members who are proud to be members of that particular community, allowed to express their views on issue related to them and the organization and generally have a free environment to

“We have completed this assignment on our own and have not discussed it with any other individual or used any other unauthorized aids. We acknowledge compliance with the academic requirements (e.g. citation of sources) of the University of Toronto.”

B. The existing policies of the company in relation to rewards and recognition for the workers

I first began to be interested in law when the parish priest of our local church in Malaysia was detained and charged in court for taking part in a candlelight vigil calling for the abolition of the much dreaded Internal Security Act that allowed detention without trial. He was later acquitted and despite further attempts by the prosecutors to appeal against his acquittal, the appeal was not allowed by the High Court. This one episode had a profound impact that unsettled my hitherto ‘couldn’t care less’ teenage life. I was jolted from my youthful slumber to see the abuse of an established system by those in power to silence its critics. I found myself moved by events and inspired to uphold justice and defend the weak whoever that may be. More so in my country, the understanding of the law and its application becomes critical in situations of where one has to jealously guard against the tyranny of unscrupulous leaders who seek to bend, subvert or stymied the rule of law by undermining its efficacy and abusing its application by persecuting any form of opposition.

can be done to ensure that the company will work in the best interest of the

With the creation of the Internet and the emergence of social media sites today many business and individual have fallen into libel/defamation suits because they believed they could post anything online, but defamation laws have been evolving with the Internet. In particular the laws have been established to ensure sites like Facebook or Twitter are not sued every time someone post defamatory content, but also so that these sites are not exempt when they contribute to the discussion. One of the first cases that helped to established redefined defamation laws for online was Cubby, Inc. v. CompuServe Inc. in 1991.

* The 12th highest paid corporate woman in the US as per the list compiled by Forbes.

The concept of a company being a separate legal entity is the most striking illustration in separating the company from its owners. A paramount principle of corporate law is that no shareholder or member of a company is made liable for the obligations incurred by such incorporations A company is different from its members in the eyes of law. In continuations to this the opposite also holds true in the sense that neither can the company be held liable for the acts of its members. It is a fundamental distinction that a company is distinct from its members.

This assignment allows you to determine the specific details about this fictitious company in order to conduct an

On 13 September, Fiona, a newly qualified dentist, receives the following note from her uncle:

A company may not provide financial assistance to enable a person to purchase the company’s shares which the case of Chaston v SWP Group plc characterized as ‘smoothed path to the acquisition of shares.’ Excepting Belize, all Commonwealth Caribbean Companies Acts provide that, where circumstances prejudicial to the company exists, a company or any of its affiliates must not directly or indirectly give financial assistance by means of a loan, guarantee or otherwise to any shareholder, director or employee of the company or any affiliated company for any purpose. Similarly, a company or any of its affiliates must not directly or indirectly give financial assistance by means of a loan, guarantee or otherwise to any person for the purpose of or in connection with a purchase of shares issued or to be issued by the company or any company with which it is affiliated.