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A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC ...
The Liability for Defective Products Act, 1991 was enacted pursuant to the EC Directive on Product Liability 85/374/EEC. Under the Act, a producer shall be strictly liable for damages in tort for damage (either to property or an individual) caused wholly or partly by a defect in his product .
Public liability is part of the law of tort which focuses on civil wrongs. An applicant (the injured party) usually sues the respondent (the owner or occupier) under common law based on negligence and/or damages. Claims are usually successful when it can be shown that the owner/occupier was responsible for an injury, therefore they breached ...
Members have liability either for the amount, if any, that is unpaid on the shares they hold, or for the amount they have undertaken to contribute to company assets, in the event that it is wound up. A public limited company. Must have at least seven members. Liability is limited to the amount, if any, unpaid on shares they hold.
The Liability for Defective Products Act 1991 is an Act of the Oireachtas that augmented Irish law on product liability formerly based solely on negligence. It introduced a strict liability regime for defective products, implementing Council of the European Union Directive 85/374/EEC .
Pages in category "Public liability" The following 34 pages are in this category, out of 34 total. This list may not reflect recent changes. ...
By virtue of the Statute Law Revision Act 2007, the oldest Act currently in force in the Republic of Ireland is the Fairs Act 1204. The statute law of the Republic of Ireland includes law passed by the following: [8] Pre-union Irish statutes the King of England as a lawgiver for Ireland, and the Parliament of Ireland (1169–1800)
There was a degree of public and legislative distaste for a limitation of liability, with fears that it would cause a drop in standards of probity. [16] [17] [18] The 1855 Act allowed limited liability to companies of more than 25 members (shareholders).