Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is the law case and its fact and held for following situation? Promoter should not make secret profit (except for Fairview School case )
What is the law case and its fact and held for following situation?
- Promoter should not make secret profit (except for Fairview School case )
- Promoter have to avoid a conflict of duty situation
- Company not declaring dividend although there are profits
- Excessive remuneration on the parts of the directors
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started