Pastizzi Cafe Pty Ltd Vs Hossain Case Study

Satisfactory Essays
Case study on Pastizzi café Pty Ltd v Hossain (No 4) NSWSC 808 (28 July 2011)
There are some Certain legal issues which are critically involved in this case the decision regarding this case usually came from the supreme court of new south wales.
1. It has been observed that there has been contravention of non observance by the offender by discarding the prosecutor out from the building regarding the profit and loss account and goodwill of the company.
2. It has been observed that the case corporation act sec(232) has been applied in this case or not.
3. Does the loss regarding the goodwill of the company can be granted.
There are certain laws which are applied by the judge regarding this case in order to take decision:The regulations
…show more content…
It depend upon the approach of the legal duties of the administrators which were framework in the Corporation Act. The court has noticed that the appellant provide the legal duties approaching the suer and the duties which were performed was not for the benefit of himself although it was not for the benefit of other partner too. It was only for the benefit of the company. It was noticed by the court that there has been contravention of legal duties performed by the offender discarding the prosecutor out of the building for profit and loss account and also regarding the goodwill of the company.The court held that the offender has to paid a premium for the losses which has been incurred. Although the court told them that in order for compensation they can buy shares from offender for their losses incurred. The Final decision of the court regarding this case are as follows: (i) The prosecutor is designate to reasonable compensation for the loss incurred which he was failed to acquire on account of being privilege from the rent out building for running of his coffee shop

You May Also Find These Documents Helpful

  • Good Essays

    Introduction: Naa Gee Pty Ltd is a large proprietary company that is owned by the Ma and Banks families and have been trading in the furniture manufacturing business for over 30 years. The company has 6 shareholders from within the two families and they does not have any shareholder from the outside. The company’s main working force consists of 20 employees and 5 of which are employed regularly. They have little debt (mainly bank loan of $500,000), more than $15 million of assets and turnover of…

    • 795 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    HRM Pty Ltd

    • 451 Words
    • 2 Pages

    HRM Pty Ltd To: Senior Management From: Ms June Bellard, Human Resource Manager Date: 7/3/2012 Subject: Proposal for implementing policies and processes relating to separation and termination. To achieve successful policies/processes relating to separation and termination they need to be implemented correctly. The key elements of a successful policy/process is the ease of the implementation and the fulfilment of purpose. I propose the employees responsible for this duty would benefit from…

    • 451 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    discuss the case study. I hope everyone have already done it. The main issue of the case study is that Chu has been the New South Wales (NSW) Operations Manager for Computers Pty Ltd. Due to Chu’s senior position knows the identity and requirements of the company's major clients. In March 2007, Chu decides to retire and agrees to not compete against the company in NSW for two years. However in April 2007, Systems Pty Ltd actively solicits business from the customers of Computers Pty Ltd in NSW and…

    • 774 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Yakka Tech Pty Ltd

    • 1609 Words
    • 7 Pages

    Case 2 Yakka Pty. Ltd. Brief background of the case study: This case tells us about the Information technology service firm (Yakka Tech Pty. Ltd.) This firm provides I.T services throughout Australia and New Zealand. Basically, this firm install and upgrades enterprise software systems and related hardware on the client’s sites. To provide all these services it employees 1500 people. It has customer service division that consist of four customer contact centres serving clients within each region…

    • 1609 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Yakka Tech Pty Ltd

    • 785 Words
    • 3 Pages

    \\Yakkatech, Inc. Steven L. McShane, University of Western Australia YakkaTech Inc. is an information technology services firm employing 1,500 people throughout Washington and Oregon. YakkaTech has a consulting division, which mainly installs and upgrades enterprise software systems and related hardware on the client’s site. YakkaTech also has a customer service division that consists of four customer contact centers serving clients within each region. Each customer service center consists of…

    • 785 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Tallerman & Co Pty Ltd v Nathan's Merchandise (Vic) Pty Ltd (1957) 98 CLR 93 PART I Summary of Facts The dispute occurred in Victoria between a registered company, Tallerman & Co Pty Ltd ("the plaintiff") and an incorporated company, Nathan's Merchandise Pty Ltd. ("the defendant), where both parties operated their business. Two previous binding contracts (orders No. 58 and No. M57) were made in communications on 14th May 1951 and 2nd August 1951 respectively, each for the sale by the plaintiff…

    • 1433 Words
    • 6 Pages
    Good Essays
  • Best Essays

    Provide a brief description of the business, state why you consider it to be “Entrepreneurial”; explain how the business creates value through the identification and exploitation of new products, processes and/or markets. Medsaic Pty Ltd is an Australian biotechnology company that is a good example of a successful start up entrepreneurial business. Founded in 2003, as a spin-off company from the University of Sydney, it was established to commercialize patented intellectual property covering the…

    • 1152 Words
    • 33 Pages
    Best Essays
  • Powerful Essays

    Winch-It Industries Pty. Ltd. Board Report Sarah Ahmed Tutor: Suzanne Fawcus Date Due: May 6, 2011 Executive Summary As the board have agreed to go international, there are many International Human Resource Management aspects to be taken into consideration before Winch-it Pty. Ltd expands their business. There are several areas of interest to be analysed that requires specific attention to assist in commencing an international…

    • 2796 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    The courts enforce a liquidated damages clause even if the final result of a case seem to be not fair for any of the parties. This is because of the set out they have agreed on in a contract. However, the courts will not enforce a bargain that leads to a penalty. The liability of proving that a clause is a penalty is dependent on the person trying to deny the liquidated damages application. Therefore, there are indicators and teste for a penalty in law. The test for penalty is known as the Dunlop…

    • 426 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Levendary Cafe Case study

    • 6209 Words
    • 17 Pages

    Written Case Submission: Levendary Café Table of Contents Introduction 3 Identification of Main Issue 3 Analysis and Evaluation 5 Operational Analysis 5 Financial Analysis 6 Cultural Analysis 9 Parent Company vs. Subsidiary 12 Alternatives and Recommendations 13 Alternatives 13 Recommendation 14 Action Plan 14 Additional Questions 16 Works Cited 18 Introduction Levendary Café has grown from a small restaurant that offers soup, salad, and sandwiches in Denver to a multibillion…

    • 6209 Words
    • 17 Pages
    Powerful Essays