Exam Notes - Notes-Cite secTon number-Relevant Case Name...

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Notes : - Cite section number - Relevant Case Name especially breach of directors duties - Cite Case Chapter 9 – (Just Know) Chapter 10 – formation of contract 10-207 lifting the corporate veil: Page 251 - When is it lifted and when it is not lifted - Always involve a shareholder and company - When that shareholder did something wrong in the company - Then something happen to the company (become insolvent) - But shareholder said separate legal entity - But company insolvent so can lift the corporate veil to sue that person - Factor A: Section 339 & 392 - Copy down the section number - Children Media Case 10-308 capacity and ultra-virus: Page 255 - Section 23 (1A) Object Clause in the company’s constitution – means ultra-virus - The rest need to know but exam it is low probability Chapter 11 – Management 11-213 Indoor Management Rule: Page 277 - Company constitution has certain limits - Then the director didn’t follow the constitution - When this happens Turkens Rule mention - Royal British Bank and Turkens - Section 25 B of companies Act 11-501
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