Question
-In Re Brazilian Rubber Plantations & Estates Ltd (1911), Neville J stated: A director is, I think, not bound to bring any special qualifications to
-InRe Brazilian Rubber Plantations & Estates Ltd (1911),Neville J stated: "A director is, I think, not bound to bring any special qualifications to his office. He may undertake the management of a rubber company in complete ignorance of everything connected with rubber, without incurring responsibility for the mistakes which result from such ignorance".
Can this case be applied in Malaysia?
-Section 20 of the Companies Act 2016 states that a company incorporated under this Act is a body corporate.
Explain using the case of Salomon v Salomon (1896)?
-"One of the requirement for a members voluntary winding up is that the company must be solvent, then the company can appoint a liquidator in the general meeting".
Following the Eleventh Schedule of Companies Act 2016, list down the liquidator's duty in a voluntary winding up.
-What are the effects of an alteration of the constitution to third parties?
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