By Janet Dine, Marios Koutsias
This quantity is a consultant to the felony framework within which businesses function. It follows the lifetime of an organization from start-up and financing, via administrators' tasks and the difficulty of stocks, to reconstruction and insolvency, offering a concise and entire advent to the topic with no over-simplifying the complicated concerns concerned. "Company legislations" is logically based, and contains beneficial summaries for every bankruptcy, besides casenotes and routines. The fourth version of this booklet has been up to date all through and a brand new ultimate bankruptcy appears on the courting among transglobal businesses and global improvement.
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Extra resources for Company Law (Palgrave Law Masters)
These sections provide one deﬁnition for accounting purposes (see Chapter 9) and another, the following one, which applies in all other circumstances (inserted into the 1985 Act as new s. 736): ‘(1) A company is a “subsidiary” of another company, its “holding company”, if that other company – (a) holds a majority of the voting rights in it, or (b) is a member of it and has the right to appoint or remove a majority of its board of directors, or (c) is a member of it and controls alone, pursuant to an agreement with other shareholders or members, a majority of the voting rights in it, or if it is a subsidiary of a company which is itself a subsidiary of that other company.
53(3) s. 53(6) s. 54 s. 54(2) s. 55 s. 56 s. 57 s. 57(1)(b) s. 58 s. 59 s. 62 s. 63 256 256 250, 251 250 254 251 251, 252, 253 251 252 255 256 256 Disclosure of Interests in Shares (Amendment) Regulations 1993 332, 376 Disclosure of Interests in Shares (Amendment) (No. 2) Regulations 1993 332, 376 EEC Treaty of Rome 365, 366, 367, 368, 369 Art. 85 (new Art. 81) 33, 365, 369 Art. 86 (new Art. 82) 330, 365, 369 Employment Relations Act 1999 185 Employment Rights Act 1996 30 European Communities Act 1972 366, 371 European Community First Directive (OJ 1968 spec ed 41–5) 371 European Community Second Directive of 1976 (OJ 1977 L26/1) 12, 154, 366, 371, 372 European Community Third Directive of 1978 (OJ 1978 L295/36) 372 European Community Fourth Directive (OJ 1978 L222/11) 133, 372, 374 European Community Fifth Directive (OJ Vol.
3. The company’s objects are the carriage of passengers and goods in motor vehicles between such places as the company may from time to time determine and the doing of all such other things as are incidental or conducive to the attainment of that object. 4. The liability of the members is limited. 5. The company’s share capital is 50,000 pounds divided into 50,000 shares of one pound each. We, the subscribers to the memorandum of association, wish to be formed into a company pursuant to this memorandum; and we agree to take the number of shares shown opposite our respective names.
Company Law (Palgrave Law Masters) by Janet Dine, Marios Koutsias