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

Question 1 - state the steps in entering a guilty plea what

Question 1 - State the steps in entering a guilty plea. What are the consequences of entering a guilty plea? Your response should be at least 200 words in length. Question 2 - How did plea bargaining develop? Your respon ...

Question 1 discuss the issue of the supermax prison what

Question 1: Discuss the issue of the supermax prison. What are some of the issues that these facilities face in their operation? What are some of the issues that staff members face who work in these institutions? Examine ...

1 distinguish between deontology skepticism and

1. Distinguish between deontology, skepticism, and utilitarianism as approaches to making decisions. 2. Which of these three ethical philosophies comes closest to the official ethical guidelines expressed by federal regu ...

1 tech performance inc completes programming and other tech

1. Tech Performance, Inc., completes programming and other tech services for Uno IT Products Corporation. When Uno's computer system crashes, it loses $500,000 worth of business and pays $100,000 to have the system repro ...

Write 2 pages on ethics and is a case studysource to be

Write 2 pages on Ethics and is a case study. Source to be used for paper Thiroux, J. P., Krasemann, K. W. (2014-12-01). Ethics: Theory and Practice (Updated Edition), 11th Edition. Conflict Resolution Paper Assignment 1. ...

Discuss criminological theory what is it and why is it

Discuss criminological theory. What is it, and why is it important? Select two of the theories examined in Unit III, and discuss the main points of the theories. How can each theory explain delinquency and help us unders ...

Landlord-tenant lawworth 220 pointshint see chapters 29 and

Landlord-Tenant Law Worth 220 points HINT: See Chapters 29 and 30 of the text to help understand some of the legal issues covered in this assignment. Larry Landlord has recently renovated an apartment and has put it on t ...

Ways to reduce fearas part of community policing fear

Ways to Reduce Fear As part of community policing, fear reduction strategies are used. Write a 2 page paper. Address the following in your paper: Explain which of the fear-reduction strategies do you believe is most effe ...

Supervisory practices in criminal justice essayanalyze

Supervisory Practices in Criminal Justice Essay Analyze organizational culture as it relates to the supervision of criminal justice entities. Write a 2-4-page paper (excluding cover page) responding to the following: Off ...

If you work for a financial service organization such as a

If you work for a financial service organization (such as a bank or credit union), which law from 1999 affects your use of customer data? What other effects does it have? Which 1997 law provides guidance on the use of en ...

  • 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