We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

Looking For Something at vustudents.ning.com? Click Here to Search

www.bit.ly/vucodes

+ Link For Assignments, GDBs & Online Quizzes Solution

www.bit.ly/papersvu

+ Link For Past Papers, Solved MCQs, Short Notes & More


Dear Students! Share your Assignments / GDBs / Quizzes files as you receive in your LMS, So it can be discussed/solved timely. Add Discussion

How to Add New Discussion in Study Group ? Step By Step Guide Click Here.

Scenario…………

There is a company named; JJ & Co registered under company’s ordinance 1984. Its memorandum of association asserts absolute compliance with all the clauses & sections of company’s ordinance 1984. In some instances; for the sake of profitability and smooth functioning of company’s affaires; Management takes decisions totally by passing the memorandum of association.



Question No. 1

Can it be concluded that company is legal?

Question No. 2

Can court of law wind up the business of JJ & company?




Solution :

A company can alter its memorandum

1-To carry on its business more economically or more efficiently or

2- to attain its main perpose by new or improved means; or

3- to enlarge or change the local area of its operations;

4-to carry on some business,not being a business specified in its memorandum

5-to sale or dispose or the whole or any part of the undertaking of the company

So according to these allowed alteration scheme described above which is part of company’s ordinance 1984 if management of company named JJ&CO takes decisions remaining in the limits of these features. Than

Qno1

Solution: So according to these allowed alteration scheme described above which is part of company’s ordinance 1984 if management of company named JJ&CO takes decisions remaining in the limits of these features.

Conclusion :

yes it is legal

Qno2

Solution: No court of Law will never wind up the business of JJ & Company’s

But if company takes some illegal way to make profit crossing the limits described above than court of law will take serious steps to give punishment like fine or suspending of thoses employees or top managers who ll b involved in this.

+ How to Follow the New Added Discussions at Your Mail Address?

+ How to Join Subject Study Groups & Get Helping Material?

+ How to become Top Reputation, Angels, Intellectual, Featured Members & Moderators?

+ VU Students Reserves The Right to Delete Your Profile, If?


See Your Saved Posts Timeline

Views: 34

.

+ http://bit.ly/vucodes (Link for Assignments, GDBs & Online Quizzes Solution)

+ http://bit.ly/papersvu (Link for Past Papers, Solved MCQs, Short Notes & More)

+ Click Here to Search (Looking For something at vustudents.ning.com?)

+ Click Here To Join (Our facebook study Group)

Latest Activity

haniya liked + ! ! ! ❣ DrEaM gIrL ❣ !+'s discussion !!!!!!!!!!!! TaLuQaT *******
8 minutes ago
haniya replied to + ! ! ! ❣ DrEaM gIrL ❣ !+'s discussion !!!!!!!!!!!! TaLuQaT *******
8 minutes ago
Nouman Butt replied to + " J ɨ y α •" ⋆'s discussion Let's celebrate the Birthday of our Beloved Mod + "αяsαℓ " Ќąƶµяɨ •"
10 minutes ago
مخلص posted a discussion
36 minutes ago
+ ! ! ! ! ! Love posted a discussion
45 minutes ago
Ƨ.ℳƧℂƧ liked ♦_"Tooba"_♦'s discussion "Life"
59 minutes ago
Ƨ.ℳƧℂƧ liked ♦_"Tooba"_♦'s discussion "Feeling"
1 hour ago
+ "αяsαℓ " Ќąƶµяɨ •" replied to + " J ɨ y α •" ⋆'s discussion Let's celebrate the Birthday of our Beloved Mod + "αяsαℓ " Ќąƶµяɨ •"
1 hour ago
+ "αяsαℓ " Ќąƶµяɨ •" replied to + " J ɨ y α •" ⋆'s discussion Let's celebrate the Birthday of our Beloved Mod + "αяsαℓ " Ќąƶµяɨ •"
1 hour ago
+ "αяsαℓ " Ќąƶµяɨ •" replied to + " J ɨ y α •" ⋆'s discussion Let's celebrate the Birthday of our Beloved Mod + "αяsαℓ " Ќąƶµяɨ •"
1 hour ago
+ "αяsαℓ " Ќąƶµяɨ •" replied to + " J ɨ y α •" ⋆'s discussion Let's celebrate the Birthday of our Beloved Mod + "αяsαℓ " Ќąƶµяɨ •"
1 hour ago
+ "αяsαℓ " Ќąƶµяɨ •" replied to + " J ɨ y α •" ⋆'s discussion Let's celebrate the Birthday of our Beloved Mod + "αяsαℓ " Ќąƶµяɨ •"
1 hour ago

© 2019   Created by + M.Tariq Malik.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service

.