Page 1 of 43 THE REPUBLIC OF UGANDA THE COMPANIES ACT COMPANY LIMITED BY GUARANTEE‚ AND NOT HAVING A SHARE CAPITAL MEMORANDUM AND ARTICLES OF ASSOCIATION OF AUSTRALIA ALUMNI ASSOCIATION OF UGANDA (A3-U) LIMITED Incorporated this……...day of June 2012 Page 2 of 43 THE REPUBLIC OF UGANDA THE COMPANIES ACT COMPANY LIMITED BY GUARANTEE‚ AND NOT HAVING A SHARE CAPITAL MEMORANDUM OF ASSOCIATION OF AUSTRALIA ALUMNI ASSOCIATION OF UGANDA (A3-U) LIMITED Table of Contents MEMORANDUM
Premium Board of directors Chairman Member of Parliament
BT20403/Company Law Business Entities: Company Law Topics covered: Types of Company Formation of a company; • Promoters Pre-Incorporation Contract • Memorandum and Articles of Association Inconsistency between the object and the company’s activities Upon incorporation: • Company is an artificial legal person • Separate legal entity Lifting the corporate veil scs&ismk/company law CONT. 2 The Effect of Incorporation • Memorandum of Association & Articles of Directors’
Premium Corporation Law Contract
usually do not look behind ‘the veil’ to inquire why the company was formed or who really controls it. However‚ in some situations the veil is pierced so as to render officers criminally liable for their company’s breaches of the Act. Explain clearly statutory exceptions where the court would lift the veil of incorporation. The required characteristic of a company is that it exists as a separate legal entity from its members of the company. The separate legal entity was authoritatively established
Premium Corporation Corporations law Legal person
If they are to conduct the Smallco Graphics business through a company‚ a very significant of the advantages will be the separate legal entity‚ which means that from the view of the law‚ a company is treated as a separate person. Hence‚ the debts of the company will be limited to the amount remaining unpaid on the members’ shares. This is also called “limited liability” of the members. Apart from the limited liability‚ a company has a perpetual succession‚ meaning that it is a continuing entity
Premium Corporation Legal entities Board of directors
Limited(the directors are same in both of the companies according to the article of Y Limited) with the breach of pre-incorporation. After the incorporation of association company comes in existence‚ and starts its business after that. Before incorporation company have no legal existence‚ and if enters into an agreement in the name of company before incorporation‚ the agreement would not be valid. The corporate personality with separate legal identity of company confirms about the limited liability of
Premium Contract Corporation Common law
1. Company Profile Mamee-Double Decker (M) Berhad is a Malaysia-based investment holding company‚ engaged in the provision of management services to subsidiary companies. The Company‚ along with its subsidiaries‚ is engaged in manufacturing and marketing of food and dairy products‚ and soft drinks. On January 29‚ 2010‚ the Company announced the cessation of its wholly owned subsidiary‚ MDD-Double Decker Foods (Suzhou) Co. Ltd. On January 29‚ 2010‚ the Company announced the disposal of its interest
Premium
issue of a company buying back its shares has moved beyond the realm of abstract discussion among academicians and into the real world of corporate controversies. The endeavour should be to provide one with an overview of the concept of ‘buy-back’ of shares‚ the ensuing debate and some recommendations. Understanding the Concept In law‚ a company being a separate legal personality is capable of buying and holding property in its own name. a corollary to this privilege would be that a company could buy
Premium Stock market Corporate finance Corporation
TOP 500 NON-INDIVIDUAL TAXPAYERS FOR TAXABLE YEAR 2011 Based on Income Tax Returns Filed RANK TIN 1 001 901 673 SMART COMMUNICATIONS INCORPORATED 2 000 101 528 MANILA ELECTRIC COMPANY "MERALCO" 8‚302‚481‚339.38 3 000 662 551 SHELL PHILIPPINES EXPLORATION‚ B.V‚ 6‚391‚535‚905.21 4 206 136 596 CHEVRON MALAMPAYA LLC 6‚309‚861‚723.00 5 000 421 786 NESTLE PHILIPPINES INC 4‚886‚077‚359.00 6 006 807 251 SAN MIGUEL BREWERY INC. 4‚775
Premium Philippines Metro Manila Tax
1. The one time dividend will not affect the stock price. The value of the company will decline by the amount of the dividend. Ignoring taxes‚ shareholders wealth will not be affected because the stock price will drop by the amount of the dividend payment. 2. The value of the company could increase or decrease. If the company is overlevered‚ paying off debt can lower the interest rate on debt‚ and decrease financial distress costs. If there are no financial distress costs‚ capital structure
Premium Balance sheet Generally Accepted Accounting Principles Stock market
GEELY Company Executive Summary Overview Mission and Vision Current state Motivation for going international Challenges in internationalization Positive and negative bring by internationalization Considerations Recommendation Reference List Overview Background Geely Holding Company is a Chinese automotive manufacturing company‚ which headquartered in Hangzhou‚ China. The company was established in the year 1986 by the founder named Li Shufu. The company major in manufacturing automobiles‚ motorcycles
Premium Automotive industry