Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Law & Ethics Expert

Attempt all the problems.

Section-A

problem1) Compare and contrast

a) Doctrine of ‘ultra -vires’ with Doctrine of Indoor management

b) ‘Promoter’ and ‘Director’ in the context of a Company.

c) ‘General crossing’ and ‘special crossing’ on a cheque.

problem2) Distinguish  the following:

a) ‘Ordinary resolution’ from ‘special resolution’

b) Holder and ‘holder in due course’ of a negotiable instrument.

c) ‘Negotiation’ and ‘Assignment’ of a negotiable instrument.

problem3) Describe the procedure to wind up the Company voluntarily. How does it differ from Compulsory winding-up?

Section-B

Case Study

A partnership Firm of A along with B, C and D is running a business to manufacture of automobile parts, successfully. The Partners discussed expansion plans and wanted to know pros and cons of converting the partnership firm into a private limited company. In view of your qualifications, they contemplate appointing you a whole time director in the proposed company, if they are convinced of its advantage.

They look for your advice with specific reference to;

a) Formalities needed for converting to a private company.

b) Approximate time for such conversion and approximate cost of doing so.

c) Main advantages and disadvantage, if any of changing over to company form of business from the partnership firm.

Requirement

Tender your advice in writing, containing as many clarifications as will help them take a correct decision.

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
  • Reference No.:- M93238

Have any Question? 


Related Questions in Business Law & Ethics

Assignment crime scene investigationpreliminary

Assignment: Crime Scene Investigation Preliminary investigations do not necessarily yield enough information to prosecute a criminal case. Despite a thorough preliminary investigation, many cases require a follow - up in ...

Juvenile delinquency prevention and treatmentcompare and

Juvenile Delinquency Prevention and Treatment Compare and contrast juvenile delinquency prevention and treatment. The paper should address the following: a description of delinquency prevention, the fundamental principle ...

Ori received a credit card in the mail from a company that

ori received a credit card in the mail from a company that had taken her name and address from a white pages directory without her knowledge. Upset about the unauthorized use of her name, Lori planned to contact the comp ...

Medical law and ethics final examination-multiple choice

Medical Law and Ethics Final Examination- Multiple Choice Questions: 1. Which definition most accurately describes applied ethics? a. The legal application of moral standards that concern benefiting the public b. The pra ...

Ethical moral relativismin america many are comfortable

Ethical (Moral) Relativism In America, many are comfortable describing ethics as follows: "Well, what's right for me is right for me and what's right for you is right for you. Let's just agree to disagree." This is an af ...

Write a three to five 3-5 page paper in which you1 create a

Write a three to five (3-5) page paper in which you: 1. Create a philosophy and approach for balancing the issues of individual rights and the public's protection. Provide one to two (1 to 2) examples illustrating how yo ...

Literature reviewmy final paper topic is juvenile detention

Literature Review (My final paper topic: Is Juvenile Detention Really an Effective Rehabilitation Procedure?) For this assignment, you will draft the literature review section of your Final Paper by utilizing research sk ...

1 according to the principle of informed consent what must

1. According to the principle of informed consent, what must participants be told before soliciting their agreement to participate in a study? 2. What must be done if a research participant is unable to give valid inform ...

Jim and laura buyer visit the local car dealership because

Jim and Laura Buyer visit the local car dealership because they are interested in buying a new car. The car they currently have is aging and is starting to have mechanical problems. Jim and Laura would share the new car, ...

Kohlbergs moral development modelpart a do you agree with

Kohlberg's Moral Development Model Part A: Do you agree with each of Kohlber's stages of moral development and why or why not? Should motivation and moral reasoning be considered in the sentencing process such that crime ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen