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distinct lawful personalities, which means they can litigate and be litigated like normal people and the company is distinct from its proprietors etc. Piercing the corporate veil is where this separate legal personality is ignored by the c...
keep consider the fact that Peter Drucker has warned that business had better think through what the policies (on takeovers) should be instead of waiting for the 'scandal' that pushes the politicians into demagoguery. As so frequently happ...
law and are common to all directors. The duties are owed to the company, meaning the shareholders collectively, both present and future, not the shareholders at a given point in time. The main responsibility of the board of directors is to ...
corporated businesses. The Memorandum or a limited company may specifically provide that the liability of directors or managers, or of the managing director, is to be unlimited. ‘This is rare. Exceptionally, it seems that a director may be ...
setting up and future operations of the Co are Type & class of company to be set-up Expansion beyond its objects The legal impact of contracts entered into by its agents These issues are needed to be addressed here as they give rise to oth...
Corporations Act 2001 also known as the Corps Act or Corporations Act. It is a Commonwealth of Australia act, which establishes the laws concerned with business in Australia at level of interstate and federal. It emphasizes mainly on compan...
corporations are formed by various persons or entities, among which are the aforementioned shareholders. These are what might be called owners of the corporation, and they are natural or legal persons. Moreover, it is possible to have direc...