Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Homework Help/Study Tips Expert

Problem:

Koosoomba, the founder and Chairman of the Binder Co. Ltd, is 67 years old. He has newly married his secretary who is expecting twins. Koosoomba already has 8 children (from his first two marriages) and 17 grandchildren. Bongo, Koosoomba’s older son, was the managing director of the failed company which was removed from the register of companies. His sister Carol, a compulsive shopper, has been convicted for credit card fraud. Koosoomba wants to incorporate the private company limited by shares under the name “Noumem” and transfer all the shares he holds in Binder Co. Ltd to the new company. He wants to issue 50 shares of “Noumem” to his wife and each of his children as well as 10 (ten) shares to each of his grandchildren.

Required:

problem 1: Describe and discuss the procedure for the incorporation of “Noumem” as a private company.

problem 2: Koosoomba wants to make sure that as long as he lives, he will appoint the directors of Binder Co. Ltd and “Noumem”.  He wants to appoint his five (5) sons as directors of “Noumem”.

Counsel Koosoomba.

Homework Help/Study Tips, Others

  • Category:- Homework Help/Study Tips
  • Reference No.:- M98594

Have any Question? 


Related Questions in Homework Help/Study Tips

150 word minimum for each question1 find and analyze any

150 word minimum for each question 1. Find and analyze any statistics on how often age discrimination claims are filed. In addition, should the laws be changed to cover age discrimination against people younger than 40 y ...

Develop a 350-word evaluation of a recent business decision

Develop a 350-word evaluation of a recent business decision in your work or desired career.  Include the following: Discuss the influence the decision-making process had on the outcome. Evaluate the effectiveness of the ...

American government exercise- policy position papertopic

American Government Exercise- Policy Position Paper Topic: Domestic American politics is oftentimes filled with controversy and conflict, but it can also be bright examples of consensus and cooperation. Most domestic pol ...

Instructionsresearch and write a brief answer to the

Instructions: Research and write a brief answer to the following question. Your answer must be conform to a 400-word minimum and 500-word maximum, use college level writing skills, and cite and use three scholar referenc ...

One page evaluating the debate regarding the legalization

One page evaluating the debate regarding the legalization of marijuana, both for medicinal purposes as well as overall legalization for recreational purposes. APA reference

Incorporating the areas listed below write a 2 page paper

Incorporating the areas listed below; write a 2 page paper on how the impact at each level of our criminal justice system affects the population they serve, reform within our criminal justice, and the impact on our socie ...

Discussionemotional laborin preparation for this discussion

Discussion Emotional Labor In preparation for this discussion, review the following resources: • Emotional Labor Study at the University of Memphis- https://www.youtube.com/watch?v=xtDf6YIS_gM • Job Stress (Clark, 1995) ...

Reflectionthink about the past 8 weeks of this course what

Reflection Think about the past 8 weeks of this course. What has been the most interesting aspect of environmental science that you have learned? Has your new understanding of environmental sustainability changed the way ...

The detective assigned this murder investigation has never

The detective assigned this murder investigation has never handled a homicide. As she drives you to the scene, you begin to assess the things you already know, and you start to formulate a plan for the crime scene search ...

Case study comparisonspart 1 - complete the chart below

Case Study Comparisons Part 1 - Complete the chart below that differentiates the following insurance types. Plan Type   Characteristics of Plan (5 to 7 characteristics) Target Audience for Plan (the target audience is no ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

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