(2 marks each) (b) Write short notes on the following : (i) The golden rule or golden legacy; and (0) (ii) Corporation sole. (0) (4 marks each) 6. (a) Jolly is one of the preference shareholders of Jack & Jill Ltd., a company registered under the Companies Act, 195...
About the book This book is a succinct guide to company law. The reader is guided through the elements involved in forming a company, and other vital areas are explained in detail, including: the availability of public information on companies and how to find it; directors' obligations; ...
Article 40 of the 2023 Company Law refers to an obligation to “make public the following matters via the National Enterprise Credit Information Publicity System as required”. It is worth noting that the status of and changes to capital contributions (amount, type, and date), which used to b...
Frank Easterbrook and Daniel Fischel, The Economic Structure of Corporate Lawch, 2 (1991); Paul Halpern, Michael Trebilcok, and Stuart Trumbull, “An Economic Analysis of Limited liability in Corporate Law”, 30 University of Toronto Law Review 117 (1980). Henry Hansmanns and Reinier Kraakman,...
GAAP consistently applied throughout the periods involved (except as set forth in the notes thereto); provided that to the extent expressly provided herein, certain calculations shall be made on a Pro Forma Basis; provided further, that if Lead Borrower notifies the Administrative Agent that Lead ...
Conversion of Company Convertible Notes. Company shall take all requisite action so that, as of the Effective Time, each note issued by the Company which is convertible into shares of the Company Comm...
A medium-sized company is defined as a company that meets at least two out of three qualifying conditions related to turnover, balance sheet total, and number of employees, as outlined in company law. AI generated definition based on: Finance Director's Handbook (Fifth Edition), 2009 ...
(2002), this research finds some "legal origins" effects in the ways that Indonesian company law has developed, but it also notes that patterns of change have been significantly different from that of its former colonizer, the Netherlands. Indonesia experienced an extended period of time in ...
2 September 2024 Consolidated Statement of Comprehensive Income For the year ended 30 June 2024 1. See Note 15 for explanation of Alternative Performance Measures. 2.Exceptional items relate to integration costs associated with the purchase of Sentry Data Systems, Inc. ("Sentry") ...
For the avoidance of doubt, nothing herein shall be deemed to entitle the Company to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Notes or any other Transaction Documents, including wi...