ICSA Study Text 1997,Paper 16: Professional Stage 2

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Just like people, corporations have First Amendment rights. The term does not include a general partnership that is also: (1) a limited liability partnership; or "Domestic filing entity." That is why most modern criminal law systems foresee the possibility to hold the corporation criminally liable for the perpetration of a criminal offence. Section 7354 is referred to in sections 7352, 7355, 7359 of this title. § 7355. Corporate owners are known as shareholders. Over forty years of experience in helping individuals and businesses with their legal needs.
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Business Law and Practice 2015/2016 (CLP Legal Practice

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Ward was a wise, grandfatherly advisor, and mentor to our POCLAD circle. The statutes in India are not in pace with these developments and the above analysis shows that they do not make corporations criminally liable and even if they do so, the statutes and judicial interpretations impose no other punishments except for fines. Attendance of a director at a meeting constitutes a waiver of notice, unless the director attends a meeting for the express purpose of objecting to the transaction of any business on the ground that the meeting is not lawfully called or convened. (c) Unless required by the bylaws, the business to be transacted at, or the purpose of, a regular or special meeting of the board of directors is not required to be specified in the notice or waiver of notice of the meeting.
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CIMA Practice and Revision Kit: Economic Environment Stage 1

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A Corporation is a separate legal entity. First, the limited liability doctrine does not protect individual shareholders (or directors, officers, or employees) from liability for their own tortious or illegal conduct. Costs and expenses of valuation proceedings. § 1703. Since the United States presently holds all of Amtrak's preferred stock, which it received (and still receives) in exchange for its subsidization of Amtrak's perennial losses, § 544(c), the Secretary of Transportation selects these two directors.
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Business Valuation (Corporate Series)

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Consequently, even if a Chapter 11 trustee is appointed, the relationship between shareholders and corporate assets is not diminished to the same extent as in a Chapter 7 bankruptcy. Should the rules under which I purchased the unit stand. Am I entitled to my proportionate share of my star abatement or does the board have the right to retain these funds and apply it to my arrears. Authority to take and hold trust property. § 5549. Becoming a benefit corporation gives entrepreneurs and investors an additional choice when determining which corporate form is most suitable to achieve their objectives.
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Corporate Legal Departments

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A foreign association that registers under an alternate name under this subsection is not required to comply with 54 Pa. Act 198 renumbered section 7702 to section 7703 and renumbered former section 7703 to section 7704 and amended subsec. (a), retroactive to June 19, 1989. An association that is not a filing association. "Nonprofit corporation." By Service Company/Drawdown Account: A service company/drawdown (prepay) account may be established with the Division of Corporations to directly access the Division's computerized index of corporations and other business records.
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Unlocking Company Law (Unlocking the Law)

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We’re especially well known for our expertise in business purchases and sales. In addition to the broad base of knowledge and experience our business law attorneys possess, we employ an interdisciplinary perspective and closely interact with the other practice groups throughout the firm to service our clients. These state laws govern whether or not shareholders have a right to vote on the transaction and whether or not a dissenting shareholder will have the right to cash out of the deal if the transaction proceeds.
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VAT in Business

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The by-laws of a corporation may provide for additional qualifications and disqualifications of its members of the board of directors or trustees. Another advantage of the broad view of the business case, which is illustrated by the syncretic model, is its recognition of the interdependence between business and society. [11] The failure to recognize such interdependence in favor of pitting business against society leads to reducing the productivity of CSR initiatives. “The prevailing approaches to CSR are so fragmented and so disconnected from business and strategy as to obscure many of the greatest opportunities for companies to benefit society.” [12] The adoption of CSR practices, their integration with firm strategy, and their mainstreaming in the day-to-day business agenda should not be done in a generic manner.
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Essential Australian Company Law

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Interestingly, the Delaware courts have found hardly any viable Caremark claims since the landmark case (in which the court approved a settlement for almost nothing because "those claims find no substantial evidentiary support in the record and quite likely were susceptible to a motion to dismiss in all events."). The plan of merger or share exchange must contain: The name of each entity planning to merge and the name of the surviving entity into which each other entity plans to merge.
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Cases and Materials on Business Entities (Aspen Casebook)

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Committee on Banking (page images at HathiTrust) Protection of Shareholders' Rights Act of 1980: hearing before the Subcommittee on Securities of the Committee on Banking, Housing, and Urban Affairs, United States Senate, Ninety-sixth Congress, second session, on S. 2567 ... If the Commission is satisfied that the merger or consolidation of the corporations concerned is not inconsistent with the provisions of this Code and existing laws, it shall issue a certificate of merger or of consolidation, at which time the merger or consolidation shall be effective.
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ICSA Study Text: Pre-professional, Information Systems (ICSA

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I am one of 3 or 4 people in the building who keep an extra apartment. In essence, the benefit corporations attempt to limit director liability by protecting board decisions that include consideration of the interests of groups other than stockholders. In the exercise of such power, the Commission shall have authority to make such order as it deems appropriate, including an order: (1) cancelling or altering any provision contained in the articles of incorporation, by-laws, or any stockholder's agreement; (2) cancelling, altering or enjoining any resolution or act of the corporation or its board of directors, stockholders, or officers; (3) directing or prohibiting any act of the corporation or its board of directors, stockholders, officers, or other persons party to the action; (4) requiring the purchase at their fair value of shares of any stockholder, either by the corporation regardless of the availability of unrestricted retained earnings in its books, or by the other stockholders; (5) appointing a provisional director; (6) dissolving the corporation; or (7) granting such other relief as the circumstances may warrant.
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