ARMOUR HICK NORTHERN LTD & OTHERS V ARMOUR TRUST LTD AND OTHERS 1980 (3 All ER 833) SUMMARY OF THE CASE B (Parent Company) is consisting of three shareholders ‚ which are directors of B & A ( Mr Whitehouse & Mr Hick= 3000 shares and C= 7000 shares ). B was in debt with C (Vendor Company)‚ amounting to ₤93000. For the full repayment of debt in B‚ C agreed to transfer it’s shares to directors of B & A at par value‚ provided if indebtedness to them is fully discharged. So‚ directors
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IT Process Practices in Kenya Stanley Mwangi Chege Head QA‚ Co-operative Bank of Kenya Schege@co-opbank.co.ke Abstract IT processes are the functions and duties that IT performs. These activities include development and maintenance of applications‚ supporting infrastructure (e.g.‚ hardware‚ systems software‚ and networks)‚ and managing human resources. All of these activities have some dependence on each other. Information Technology (IT) processes is a practice of ensuring that the IT organisation
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AP U.S. History/1st period 9 January 2014 The War of Northern Aggression Since the end of the American Civil War it has long been thought of as a war of freedom. The victorious Union declared that they were fighting to free the slaves in the South. However‚ in fact‚ the Civil War was actually a major breaking point in American History because it was really a power struggle between the old and the new. The new‚ just as it had done in the previous generations‚ was replacing the old and was using
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Northern Rock’ Crisis Northern Rock is one of the top mortgage lenders in the United Kingdom. According to Council of Mortgage Lender statistics‚ the bank was ranked one of the top five mortgage bank. The bank served loans‚ insurance and savings account as their core business. Some secured loans also have been promoted to their existing customer. That loans business was underwritten by Ventura. For home and contents insurance‚ it was administered by AXA. While‚ Legal & Generals was arrange stock
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for western settlement. The first policy was the Medicine Lodge Treaty‚ signed in Kansas‚ 1867. It divided the Great Plains into two huge Indian territories. In return for government supplies‚ most of the Indians stayed in their reservations. The Northern Plains Indians did not agree so readily. Red Cloud signed the Fort Laramie Treaty in 1868‚ after the government agreed to abandon forts along the Bozeman Trail. Most
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NORTHERN DRILLING INC. Executive Summary Peter Bremner‚ the general manager of Northern Drilling Inc. has received a request for proposal from Mond Nickel to bid for an upcoming project that will be Northern’s largest contract to date. The project involves an intermediate job‚ as well as a deep drilling job‚ and will require that Northern prioritize this contract over other existing contracts in terms of manpower and equipment. Northern has to assess the technical feasibility of this project
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Northern & Eastern grids collapse: Biggest power failure in India Power Grid Corp India Ltd sources said that the Tuesday’s collapse is the most severe ever in the country. "Grid incident occured at 1300hrs effecting the Northern‚ Eastern & North Eastern Grid. System under restoration‚" Eastern Regional Load despatch Centres said. Central Electricity Authority officials have said that the collapse of three grids is unprecedented. "May take over a day to recover. Three grids - Northern
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STUDY ON THE KENYA RAILWAYS CORPORATION The Kenya railway Corporation is a body corporate with perpetual succession and a common seal and has power to sue and be sued in its corporate name and to acquire‚ hold and dispose of movable and immovable property for the purposes of the Corporation. It is managed by a board of directors of the Corporation. i. a Chairman of the Board appointed by the Minister; ii. the Managing Director; iii. the Permanent Secretary of the Ministry for the
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In the middle of the fourteenth century a cultural transformation took place‚ this transformation was initiated by Italy and was called Renaissance. It separated the Middle Ages from the New Modern Age and is where Humanism and Reformation blossomed. Portraiture became a huge part of the Renaissance Era and artists became intrigued in trying new and unique styles. During most of the fourteenth century‚ only royalty had portraits made because they required status and wealth. A portrait is typically
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FACTORS AFFECTING EMPLOYMENT IN KENYA. Creating opportunities in terms of employment is of critical concern to every country in the world. While the developed countries have some strategies to cushion the citizen against unemployment‚ the developing and under developed countries are still struggling with the impact of unemployment. There are a number of factors that have continued to affect employment in Kenya. These factors are traced from colonial era and continue to have influence even today
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