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Provisions similar to s. 210 of the UK Companies Act 1948 were first introduced into Canadian law through the 1975 passage of the Canada Business Corporations Act. [1] It incorporated recommendations made in 1962 by the UK Jenkins Committee on Company Law for removing the linkage of the remedy with that of winding-up and for broadening its scope. [2]
An oppressed minority shareholder can ask the court to dissolve the corporation or hold the corporation's leaders accountable for their fiduciary responsibilities. [8] Another remedy sometimes used is the court-ordered purchase of shares. [9] As of 1997, the European Union still had not harmonized laws for dealing with shareholder oppression. [10]
A Form 10-K is an annual report required by the U.S. Securities and Exchange Commission (SEC), that gives a comprehensive summary of a company's financial performance. . Although similarly named, the annual report on Form 10-K is distinct from the often glossy "annual report to shareholders", which a company must send to its shareholders when it holds an annual meeting to elect directors ...
an exchange of securities of a corporation for property, money or other securities of the corporation or property, money or securities of another body corporate; a going-private transaction or a squeeze-out transaction in relation to a corporation; a liquidation and dissolution of a corporation; and; any combination of the foregoing.
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An unlimited liability corporation (ULC) within Canadian corporate law is a Canadian corporation designation, wherein shareholders are liable up to unlimited amounts for any liability, act or default of the corporation. By comparison, in most corporations, shareholders are not usually liable due to a limited liability model.
Not to be confused with the other popular game-centric K-drama, Pyramid Game follows Seong Soo-ji (Twenty-Five Twenty-One’s Kim Ji-yeon, aka Bona), an army brat who is just starting at the fancy ...
Sarkaria said a car is stolen every 14 minutes in Ontario, which has a population of about 15.6 million. Ontario will suspend driver’s licenses for convicted car thieves for at least 10 years ...
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