outstanding in the company. In this way‚ a shareholder is afforded limited liability. Conversely‚ unlimited liability companies impose unlimited liability on its members. Ultra Vires. Ultra vires describes acts undertaken beyond (ultra) the legal powers (vires) of those who have purported to undertake them. The three main applications of ultra vires were: o whether the company acted outside is capacity; o whether the company’s agents acted in excess of authority; and o whether the company’s act was contrary
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Freeman and Lockyer v Buckhurst Park Properties (Mangal) Ltd - Wikipedia‚ the free encyclopedia 1 of 3 http://en.wikipedia.org/wiki/Freeman_and_Lockyer_v_Buckhurst_Park_Properties_(Mangal)_Ltd Freeman and Lockyer v Buckhurst Park Properties (Mangal) Ltd From Wikipedia‚ the free encyclopedia Freeman and Lockyer v Buckhurst Park Properties (Mangal) Ltd [1964] 2 QB 480 is a UK company law case‚ concerning the enforceability of obligations against a company. Freeman v Buckhurst Park Ltd Contents
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Administrative Agency Name Here School Here 1. State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interests you (briefly). Will this proposed regulation affect you or the business in which you are working? If so‚ how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation can be submitted as either a separate Word document (.doc) or Adobe file (.pdf). This means you will
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Domestic Tribunals is somewhat similar to the administrative tribunals. They are associated with many professions and trades. It is another area in which persons or groups of persons or other public agencies exercise judicial or quasi-judicial functions over others. Generally‚ these are disciplinary committees concerned with the regulation of certain professions and trades‚ some having been set up by statute (e.g. the disciplinary committee of the Law Society) and others merely by contract between
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Group accounts d. Investigating e. Investigating of company’s affairs f. Investigation of company’s membership g. Take over bids h. Fraudulent trading b. Discuss the doctrine of ultra vires with regard to the objects of a company and state the effect of an ultra vires transaction. (5mks) - The doctrine of ultra vires is a legal rule that was articulated by the house of
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INSTITUTE OF LAW NIRMA UNIVERSITY INTERPRETATION OF DELEGATED LEGISLATION IN INDIA Project Work (INTERPRETATION OF STATUTES) By: Nidhi Jain LIST OF CASES R.Vs. Burah (1878) 3 AC 889 Jhatindra Nath Gupta Vs. Province of Bihar AIR 1949 FC 175 Delhi Laws Act case AIR 1951 SC 332 Panama Refining Co. v. Ryans293 U.S. 388 Raj Narayan Singh v. Chairman Patna Administration CommitteeAIR 1954 SC 569
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Human Rights Legislature Natural Law: Morals of society are law (too simplistic for diverse societies) Legal Positivism: Follow if you acknowledge “their” authority (Monarchy) Legal Realism: A law is real if the court system backs it up “Ultra Vires”=outside the law; courts refuse to pass a law that gov’t wants Law: Rules that courts are willing to enforce/apply Civil Code Legal System: (Quebec) “all-encompassing” Common Law Legal Sys: (Canada/other provinces) “Case Law” “Stare Decisis”=”Let
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Are civil liberties protected sufficiently in the UK? Civil liberties are basic rights and freedoms granted to citizens of a country through national common or statute law. They include freedom of speech‚ freedom of movement‚ freedom from arbitrary arrest‚ freedom of assembly‚ freedom of association and freedom of religious worship. Such rights and freedoms form the basis of a democratic society and are often denied to those living in a dictatorship. Civil liberties are distinct from human rights
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Below we lay out the minimum of information you will need to know regarding each of these grounds for JR. Illegality Relevant here is the doctrine of ultra vires‚ Latin for ‘acting outside one’s lawful powers’‚ or ‘in excess of one’s lawful powers’. It contrasts with action within one’s powers (intra vires). Bear in mind‚ however‚ that some of the cases‚ which are classified below under ‘illegality’‚ are referred to as ‘unreasonable’ or ‘Wednesbury unreasonable’ in parts of
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