Company law directors: role and duties / Suwaibah Ismail

A registered company i.e. a company incorporated by registration under the companies Acts, is regarded by the law as a person, just as a human being. This artificial or juristic person can own land and other property, enter into contracts, sue and be sued, have a bank account in its own name, owe mo...

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Main Author: Ismail, Suwaibah
Format: Student Project
Language:English
Published: Faculty of Law 1987
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/27114/
http://ir.uitm.edu.my/id/eprint/27114/1/PPd_SUWAIBAH%20ISMAIL%20LW%2087_5.pdf
id uitm-27114
recordtype eprints
spelling uitm-271142020-01-09T06:10:31Z http://ir.uitm.edu.my/id/eprint/27114/ Company law directors: role and duties / Suwaibah Ismail Ismail, Suwaibah K Law in general. Comparative and uniform law. Jurisprudence A registered company i.e. a company incorporated by registration under the companies Acts, is regarded by the law as a person, just as a human being. This artificial or juristic person can own land and other property, enter into contracts, sue and be sued, have a bank account in its own name, owe money to others and be a creditor of other people and other companies, and employ people to work for it. The company's money and property belong to the company and not to the members or shareholders, although the members or shareholders may be said to won the company similarly, the company's debts are the debts of the company and the shareholders cannot be compelled to pay them, although if , for example, the company is being wound up and its assets do not realise a sum sufficient to pay its debts , a shareholder whose liability is limited by shares is liable to contribute to the assets up to the amount, if any unpaid on his shares . A Company, of course, can only act through human agents, and those who manage its business are called directors. But the directors are only agents of the company, with the powers of management given by the company's articles of association and usually with power to delegate any of their powers to managing director. The company is also liable for torts and crimes committed by its servants and agents within the scope of their employment or authority. This conception of a company as a corporation, i.e. a person separate and district from the other persons who are its members and directors, is the fundamental principle of company law. Faculty of Law 1987 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/27114/1/PPd_SUWAIBAH%20ISMAIL%20LW%2087_5.pdf Ismail, Suwaibah (1987) Company law directors: role and duties / Suwaibah Ismail. [Student Project] (Unpublished)
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
language English
topic K Law in general. Comparative and uniform law. Jurisprudence
spellingShingle K Law in general. Comparative and uniform law. Jurisprudence
Ismail, Suwaibah
Company law directors: role and duties / Suwaibah Ismail
description A registered company i.e. a company incorporated by registration under the companies Acts, is regarded by the law as a person, just as a human being. This artificial or juristic person can own land and other property, enter into contracts, sue and be sued, have a bank account in its own name, owe money to others and be a creditor of other people and other companies, and employ people to work for it. The company's money and property belong to the company and not to the members or shareholders, although the members or shareholders may be said to won the company similarly, the company's debts are the debts of the company and the shareholders cannot be compelled to pay them, although if , for example, the company is being wound up and its assets do not realise a sum sufficient to pay its debts , a shareholder whose liability is limited by shares is liable to contribute to the assets up to the amount, if any unpaid on his shares . A Company, of course, can only act through human agents, and those who manage its business are called directors. But the directors are only agents of the company, with the powers of management given by the company's articles of association and usually with power to delegate any of their powers to managing director. The company is also liable for torts and crimes committed by its servants and agents within the scope of their employment or authority. This conception of a company as a corporation, i.e. a person separate and district from the other persons who are its members and directors, is the fundamental principle of company law.
format Student Project
author Ismail, Suwaibah
author_facet Ismail, Suwaibah
author_sort Ismail, Suwaibah
title Company law directors: role and duties / Suwaibah Ismail
title_short Company law directors: role and duties / Suwaibah Ismail
title_full Company law directors: role and duties / Suwaibah Ismail
title_fullStr Company law directors: role and duties / Suwaibah Ismail
title_full_unstemmed Company law directors: role and duties / Suwaibah Ismail
title_sort company law directors: role and duties / suwaibah ismail
publisher Faculty of Law
publishDate 1987
url http://ir.uitm.edu.my/id/eprint/27114/
http://ir.uitm.edu.my/id/eprint/27114/1/PPd_SUWAIBAH%20ISMAIL%20LW%2087_5.pdf
first_indexed 2023-09-18T23:17:48Z
last_indexed 2023-09-18T23:17:48Z
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