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In other respects the law remains the same. According to Wallersteiner v Moir (No 2), [176] minority shareholders will be indemnified for the costs of a derivative claim by the company, even if it ultimately fails. While derivative claims mean suing in the company's name, a minority shareholder can sue in her own name in four ways.
The Joint Stock Companies Act 1844 created a centralised register of companies, enabled companies to be incorporated by registration, and established the office of the registrar; the Joint Stock Companies Act 1856 mandated separate registrars for each of the three UK jurisdictions. Initially just a brand, Companies House became an official ...
Three main kinds of debts in commerce are, first, those arising through a specific debt instrument issued on a market (e.g. a corporate bond or credit note), second, through loan credit advanced to a company on terms for repayment (e.g. a bank loan or mortgage) and, third, sale credit (e.g. when a company receives goods or services but has not ...
Ministry of Development (MR) – Central Registration and Information on Business (CEIDG) [69] – company register for natural persons trading as sole traders or their civil law partnerships (searchable); such companies are prohibited from performing certain activities (e.g. operating a life insurance company), and proper agricultural activity ...
The Association of British Insurers (ABI) reported that in the first quarter of 2009, the number of trade credit insurance claims rose to 9,213, up from 6,225 in the same period in 2008, an increase of 48%. The value of UK claims incurred in 2008 was £360m, compared to £257m in 2007. [4]
There were 4.5 million claims for the benefit between March 13 2020 and January 14 2021, according to the Department for Work and Pensions. More than a third of all Universal Credit claims made ...
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Attribution of liability to United Kingdom companies involves the rules of contract, agency, capacity, tort and crime as they relate to UK company law. They establish under what circumstances a company may be sued for the actions of its directors, employees and other agents.
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