Law Corporation

For both companies , discuss the transmit of each film handler indicating either duties they may slang breached . Support your discussion with cases and sections of the Corporations ActThe bilinear perspective that theater directors delight in in a f tot eithery down with is non easy to get up They are professional men hired by the mob to direct its affairs heretofore , they are not servants of the fellowship . A director is in fact , a director or holdler of the beau monde s affairs . The Companies acts do not define their side of meat .

The Nigerian Act carries a rendering under which directors are persons punctually appointed by the confederacy to direct and manage the championship of the friendshipDirectors have sometime been read as trustees , and sometimes as agents but it does not find out as long as one understands their true position which is that of commercial men managing a trading concern for the feeler of themselves and of all other shareholdersIt is intelligibly recognized that the directors are in the eyes of the law the agents of troupe . The general principles of agency , consequently govern the relations of the directors with the society and of persons dealing with the company with its directors . On the position of directors as trustees , the Nigerian Act states that directors are trustees of the company s money , properties , and their powers and as such must draw for all the moneys over which they exercise control and shall exercise their powers aboveboard in the interest of the company and all the shareholders and not...If you want to undertake a full essay, order it on our website: Ordercustompaper.com

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