corporate law #5

8/8/2019 Corporate Law #5

1/37

Kh|}h|epb Few

Kfe{{b{ hi [je|b{Kfe{{b{ hi [je|b{


2/37

Pjb ]hwb| ph C{{rb [je|b{Pjb ]hwb| ph C{{rb [je|b{

E khd}egs je{ pjb }hwb| ph c{{rb {je|b{E khd}egs je{ pjb }hwb| ph c{{rb {je|b{cg cp{bfi> { 5}hwb| ph c{{rb>

Lhgr{ {je|b{ *{je|b{ c{{rb` ih| ghLhgr{ {je|b{ *{je|b{ c{{rb` ih| ghkhg{c`b|epchg#khg{c`b|epchg#

]|bib|bgkb {je|b{ *cgkfr`cgo |b`bbdelfb]|bib|bgkb {je|b{ *cgkfr`cgo |b`bbdelfb}|bib|bgkb {je|b{#> {


3/37

_jh keg bzb|kc{b pjb }hwb|8_jh keg bzb|kc{b pjb }hwb|8

Dh{p khd}egs khg{pcprpchg{ ocyb pjbDh{p khd}egs khg{pcprpchg{ ocyb pjb

}hwb| ph c{{rb {je|b{ ph pjb lhe|` hi}hwb| ph c{{rb {je|b{ ph pjb lhe|` hi`c|bkph|{`c|bkph|{

_jbg bzb|kc{cgo pjb }hwb|& `c|bkph|{ e|b_jbg bzb|kc{cgo pjb }hwb|& `c|bkph|{ e|b{rlnbkp ph kb|pecg `rpcb{ wjckj wcff lb{rlnbkp ph kb|pecg `rpcb{ wjckj wcff lb`c{kr{{b` fepb| cg pjb khr|{b'`c{kr{{b` fepb| cg pjb khr|{b'


4/37

Pb|d{ hi C{{rbPb|d{ hi C{{rb

E khd}egs des `bpb|dcgb pjb pb|d{ hgE khd}egs des `bpb|dcgb pjb pb|d{ hgwjckj cp{ {je|b{ e|b c{{rb` eg` pjb |cojp{wjckj cp{ {je|b{ e|b c{{rb` eg` pjb |cojp{

eg` |b{p|ckpchg{ eppekjcgo ph pjbd>eg` |b{p|ckpchg{ eppekjcgo ph pjbd>{ Lc|kj y K|h}}b|*5::3# 50 E}}*5::3# 50 E}} Ke{Ke{ 2


5/37

Kfe{{b{ hi [je|b{Kfe{{b{ hi [je|b{

_jb|b pjb pb|d{ hi c{{rb hi {je|b{_jb|b pjb pb|d{ hi c{{rb hi {je|b{cg`ckepb pjep pjbs ke||s |cojp{ h|cg`ckepb pjep pjbs ke||s |cojp{ h|

|b{p|ckpchg{ wjckj `ciib| i|hd pjh{b|b{p|ckpchg{ wjckj `ciib| i|hd pjh{beppekjb` ph pjb khd}egs{ bzc{pcgo {je|b{&eppekjb` ph pjb khd}egs{ bzc{pcgo {je|b{&pjb gbw {je|b{ khg{pcprpb e {b}e|epb kfe{{pjb gbw {je|b{ khg{pcprpb e {b}e|epb kfe{{hi {je|b{'hi {je|b{'


6/37

Bzed}fb{ hi @ciib|cgo \cojp{Bzed}fb{ hi @ciib|cgo \cojp{

[hdb {je|b{ des ke||s pjb |cojp ph[hdb {je|b{ des ke||s pjb |cojp phbzb|kc{b hgb yhpb hg e }hff wjcfbbzb|kc{b hgb yhpb hg e }hff wjcfb

hpjb|{ des ke||s gh yhpcgo |cojp{& h|hpjb|{ des ke||s gh yhpcgo |cojp{& h|pjb |cojp ph bzb|kc{b dh|b pjeg hgbpjb |cojp ph bzb|kc{b dh|b pjeg hgbyhpb }b| {je|b'yhpb }b| {je|b'

[hdb {je|b{ des jeyb pjb |cojp ph[hdb {je|b{ des jeyb pjb |cojp ph|bkbcyb e `cyc`bg` hi gh dh|b pjeg Z|bkbcyb e `cyc`bg` hi gh dh|b pjeg Zkbgp{ }b| {je|b wjcfb hpjb| {je|b{kbgp{ }b| {je|b wjcfb hpjb| {je|b{des jeyb rg|b{p|ckpb` `cyc`bg`des jeyb rg|b{p|ckpb` `cyc`bg`

}e|pckc}epchg |cojp{'}e|pckc}epchg |cojp{'


7/37

Bzed}fb hi e \b{p|ckpchgBzed}fb hi e \b{p|ckpchg

Pjb |cojp ph p|eg{ib| {hdb {je|b{Pjb |cojp ph p|eg{ib| {hdb {je|b{des lb |b{p|ckpb` wjcfb hpjb|des lb |b{p|ckpb` wjcfb hpjb|

{je|b{ des lb i|bbfs p|eg{ib|elfb'{je|b{ des lb i|bbfs p|eg{ib|elfb'


8/37

Decg Kfe{{b{ hi [je|b{Decg Kfe{{b{ hi [je|b{

H|`cge|s {je|b{H|`cge|s {je|b{

*aghwg e{ khddhg {phka cg Gh|pj*aghwg e{ khddhg {phka cg Gh|pj

Edb|cke#Edb|cke#

]|bib|bgkb {je|b{]|bib|bgkb {je|b{


9/37

H|`cge|s [je|b{H|`cge|s [je|b{

Dh{p {je|b{ e|b h|`cge|s {je|b{Dh{p {je|b{ e|b h|`cge|s {je|b{

Ci e khd}egs hgfs je{ hgb kfe{{Ci e khd}egs hgfs je{ hgb kfe{{hi {je|b{ hg c{{rb& pjh{b {je|b{hi {je|b{ hg c{{rb& pjh{b {je|b{

wcff lb h|`cge|s {je|b{wcff lb h|`cge|s {je|b{


10/37


11/37

Yhpcgo \cojp{ hiDbdlb|{ hiYhpcgo \cojp{ hiDbdlb|{ hi

E[ZE[Z$$Fc{pb` Khd}egcb{Fc{pb` Khd}egcb{

Ep }|b{bgp& eff jhf`b|{ hi h|`cge|s {je|b{Ep }|b{bgp& eff jhf`b|{ hi h|`cge|s {je|b{

dr{p jeyb& hg e }hff>dr{p jeyb& hg e }hff> hgb yhpb }b| irffs }ec` r} {je|b1 eg`hgb yhpb }b| irffs }ec` r} {je|b1 eg`

e i|ekpchg hi e yhpb& burcyefbgp ph pjbe i|ekpchg hi e yhpb& burcyefbgp ph pjb

}|h}h|pchg hi pjb c{{rb }|ckb pjep je{ lbbg}|h}h|pchg hi pjb c{{rb }|ckb pjep je{ lbbg}ec` hg }e|pfs}ec` hg }e|pfs$$}ec` {je|b{>}ec` {je|b{>

E[Z F\ 9'3E[Z F\ 9'3


12/37

GhgGhg$$Yhpcgo H|`cge|s [je|b{Yhpcgo H|`cge|s [je|b{

Cg {bbE[Z ]rlfck Khg{rfpepchg ]e}b| GhgE[Z ]rlfck Khg{rfpepchg ]e}b| Ghg$$YhpcgoYhpcgo[je|b{& ((www'e{z'gbp'er(elhrp(}ì(ghgXyhpcgojpp}>((www'e{z'gbp'er(elhrp(}ì(ghgXyhpcgo

X{je|b{X}rlfckXkhg{rfpepchg'}ìX{je|b{X}rlfckXkhg{rfpepchg'}ì

Eipb| khg{c`b|cgo wc`bfs ye|scgoEipb| khg{c`b|cgo wc`bfs ye|scgo{rldc{{chg{ hg pjb urb{pchg& cp `bkc`b` ghp{rldc{{chg{ hg pjb urb{pchg& cp `bkc`b` ghp

ph kjegob cp{ |rfb{'ph kjegob cp{ |rfb{'


13/37

GhgGhg$$yhpcgo {je|b{ keg lb urhpb` ih|yhpcgo {je|b{ keg lb urhpb` ih|p|e`cgo hg hyb|{be{ de|abp{ {rkj e{ pjh{bp|e`cgo hg hyb|{be{ de|abp{ {rkj e{ pjh{bcg>cg>

pjb Rgcpb` Acgo`hd&pjb Rgcpb` Acgo`hd& pjb R[E&pjb R[E&

I|egkb&I|egkb&

Cpefs&Cpefs& [wcp~b|feg` eg`[wcp~b|feg` eg`

Kege`e'Kege`e'


14/37

[r}b|[r}b|$$Yhpcgo [je|b{Yhpcgo [je|b{

Cp c{ }h{{clfb ph jeyb {r}b|Cp c{ }h{{clfb ph jeyb {r}b|$$yhpcgo h|`cge|syhpcgo h|`cge|s{je|b{ urhpb` ih| p|e`cgo hg de|abp{ cg{je|b{ urhpb` ih| p|e`cgo hg de|abp{ cgpjb Rgcpb` Acgo`hd& pjb R[E& I|egkb&pjb Rgcpb` Acgo`hd& pjb R[E& I|egkb&Cpefs& [wcp~b|feg` eg` Kege`e'Cpefs& [wcp~b|feg` eg` Kege`e'

Cp c{ ghp kr||bgpfs }h{{clfb ph jeyb {r}b|Cp c{ ghp kr||bgpfs }h{{clfb ph jeyb {r}b|$$yhpcgo {je|b{ urhpb` ih| p|e`cgo hg pjbyhpcgo {je|b{ urhpb` ih| p|e`cgo hg pjbE[Z'E[Z'


15/37

Gbw{ Fp`Gbw{ Fp`

Cg 533; Gbw{ Kh|} w|hpb ph pjb E[ZCg 533; Gbw{ Kh|} w|hpb ph pjb E[Z{bbacgo e}}|hyef ph deab e lhgr{ c{{rb hi{bbacgo e}}|hyef ph deab e lhgr{ c{{rb hi{r}b|{r}b|$$yhpcgo {je|b{ hg e 5yhpcgo {je|b{ hg e 5$$ih|ih|$$5= }|h5= }|h$$|epe|epele{c{& wcpj bekj gbw {je|b ke||scgo


16/37

@cyc`bg` \cojp{ hiH|`cge|s@cyc`bg` \cojp{ hiH|`cge|s

[j

e|bj

hf`b|{[j

e|bj

hf`b|{ Bekj {je|b hi e }rlfck khd}egs je{ pjb {edbBekj {je|b hi e }rlfck khd}egs je{ pjb {edb

`cyc`bg` |cojp{ rgfb{{ pjb khd}egs{`cyc`bg` |cojp{ rgfb{{ pjb khd}egs{khg{pcprpchg& h| e {}bkcef |b{hfrpchg hi pjbkhg{pcprpchg& h| e {}bkcef |b{hfrpchg hi pjb

khd}egs& }|hyc`b{ hpjb|wc{b> { E

[Z F\ 9'55'pjb {je|b pjep je{ lbbg }ec` r}>E

[Z F\ 9'55' @cyc`bg`{ }ec` ls e gh fcelcfcps khd}egs dr{p lb@cyc`bg`{ }ec` ls e gh fcelcfcps khd}egs dr{p lb

}|h}h|pchgef ph pjb grdlb| hi {je|b{ bekj}|h}h|pchgef ph pjb grdlb| hi {je|b{ bekjdbdlb| jhf`{ c||b{}bkpcyb hi pjb edhrgp{ }ec`dbdlb| jhf`{ c||b{}bkpcyb hi pjb edhrgp{ }ec`r} hg pjb {je|b{> {


17/37

]|bib|bgkb [je|b{> Khddhg]|bib|bgkb [je|b{> Khddhg

Kj

e|ekpb|c{pck{Kj

e|ekpb|c{pck{ Pjbc| jhf`b|{ e|b bgpcpfb` ph |bkbcyb ePjbc| jhf`b|{ e|b bgpcpfb` ph |bkbcyb e

{pc}rfepb` eggref `cyc`bg` cg }|ch|cps ph{pc}rfepb` eggref `cyc`bg` cg }|ch|cps phhpjb| {je|bjhf`b|{'hpjb| {je|bjhf`b|{'

Pjbs keg hgfs lb yhpb` ep obgb|efPjbs keg hgfs lb yhpb` ep obgb|efdbbpcgo{ hg }|b{k|clb` |b{hfrpchg{ h| cgdbbpcgo{ hg }|b{k|clb` |b{hfrpchg{ h| cg}|b{k|clb` kc|krd{pegkb{'}|b{k|clb` kc|krd{pegkb{'

Pjbc| jhf`b|{ r{reffs jeyb pjb |cojp& cg ePjbc| jhf`b|{ r{reffs jeyb pjb |cojp& cg ewcg`cgo r} hi pjb khd}egs& ph |bkbcybwcg`cgo r} hi pjb khd}egs& ph |bkbcybpjbc| }ec` r} {je|b ke}cpef leka cg }|ch|cpspjbc| }ec` r} {je|b ke}cpef leka cg }|ch|cps

ph hpjb| {je|bjhf`b|{'ph hpjb| {je|bjhf`b|{'


18/37

@cyc`bg` \cojp{ hi ]|bib|bgkb@cyc`bg` \cojp{ hi ]|bib|bgkb

[j

e|bj

hf`b|{[j

e|bj

hf`b|{ Pjb `cyc`bg` |cojp des lb bz}|b{{b` e{ ePjb `cyc`bg` |cojp des lb bz}|b{{b` e{ egrdlb| hi kbgp{ }b| {je|b h| e{ egrdlb| hi kbgp{ }b| {je|b h| e{ e}b|kbgpeob hi pjb }ec` r} c{{rb }|ckb hi}b|kbgpeob hi pjb }ec` r} c{{rb }|ckb hi

pjb {je|b{ jbf`'pjb {je|b{ jbf`' Pjb `cyc`bg` |cojp des lb krdrfepcyb h|Pjb `cyc`bg` |cojp des lb krdrfepcyb h|

ghgghg$$krdrfepcyb'krdrfepcyb'

Gh `cyc`bg` keg lb }ec` rgfb{{ pjbGh `cyc`bg` keg lb }ec` rgfb{{ pjbkhd}egs je{ }|hicp{ eyecfelfb ih| pjbkhd}egs je{ }|hicp{ eyecfelfb ih| pjb}r|}h{b Q{bb {


19/37

\b{p|ckpb` Yhpcgo \cojp{\b{p|ckpb` Yhpcgo \cojp{

\be` pjb `bicgcpchg hi yhpcgo {je|b cg { 3\be` pjb `bicgcpchg hi yhpcgo {je|b cg { 3hi pjb Ekp'hi pjb Ekp'

Rg`b| pjep `bicgcpchg& dh{p }|bib|bgkbRg`b| pjep `bicgcpchg& dh{p }|bib|bgkb

{je|b{ e|b khg{c`b|b` ph lb ghg{je|b{ e|b khg{c`b|b` ph lb ghg$$yhpcgoyhpcgo{je|b{ ih| pjb }r|}h{b{ hi pjb Ekp'{je|b{ ih| pjb }r|}h{b{ hi pjb Ekp' Pjc{ c{ lbker{b dh{p }|bib|bgkb {je|b{Pjc{ c{ lbker{b dh{p }|bib|bgkb {je|b{

kegkeg hgfshgfs lb yhpb` cg pjb kc|krd{pegkb{lb yhpb` cg pjb kc|krd{pegkb{|bib||b` ph cg pjep `bicgcpchg'|bib||b` ph cg pjep `bicgcpchg'

Pjb jhf`b| hi e }|bib|bgkb {je|b hi egPjb jhf`b| hi e }|bib|bgkb {je|b hi egE[ZE[Z$$fc{pb` khd}egs dr{p lb elfb ph yhpbfc{pb` khd}egs dr{p lb elfb ph yhpbcg eff hi pjb kc|krd{pegkb{ |bib||b` ph cgcg eff hi pjb kc|krd{pegkb{ |bib||b` ph cgpjep `bicgcpchg eg` cg gh hpjb|{> E[Z F\pjep `bicgcpchg eg` cg gh hpjb|{> E[Z F\9';'9';'


20/37

]|bib|bgkb [je|bjhf`b|{ hi e]|bib|bgkb [je|bjhf`b|{ hi e

Fc{pb` Khd}egs KegY

hpbH

gfs>Fc{pb` Khd}egs KegY

hpbH

gfs> _jbg egs }e|p hi e }|bib|bgkb `cyc`bg` c{_jbg egs }e|p hi e }|bib|bgkb `cyc`bg` c{

rg}ec`1rg}ec`1 H

g e }|h}h{ef>H

g e }|h}h{ef>*e# ph |b`rkb pjb khd}egs{ {je|b ke}cpef1*e# ph |b`rkb pjb khd}egs{ {je|b ke}cpef1*l# ph e}}|hyb pjb pb|d{ hi e {je|b lrs*l# ph e}}|hyb pjb pb|d{ hi e {je|b lrs$$lekaleka

eo|bbdbgp1eo|bbdbgp1

*k# pjep eiibkp{ |cojp{ eppekjb` ph pjb {je|b1*k# pjep eiibkp{ |cojp{ eppekjb` ph pjb {je|b1*`# ph wcg` r} pjb khd}egs1*`# ph wcg` r} pjb khd}egs1*b# ih| pjb {efb hi pjb wjhfb hi pjb khd}egs{*b# ih| pjb {efb hi pjb wjhfb hi pjb khd}egs{

}|h}b|ps& lr{cgb{{ h| rg`b|peacgo1 eg`}|h}b|ps& lr{cgb{{ h| rg`b|peacgo1 eg`

@r|cgo pjb wcg`cgo r} hi pjb khd}egs'@r|cgo pjb wcg`cgo r} hi pjb khd}egs'


21/37

\b`bbdelfb ]|bib|bgkb [je|b{\b`bbdelfb ]|bib|bgkb [je|b{

\b`bbdelfb }|bib|bgkb {je|b{ e|b\b`bbdelfb }|bib|bgkb {je|b{ e|b}|bib|bgkb {je|b{ pjep e|b c{{rb` hg pjb}|bib|bgkb {je|b{ pjep e|b c{{rb` hg pjbpb|d{ pjep pjbs e|b fcelfb ph lb |b`bbdb`>pb|d{ pjep pjbs e|b fcelfb ph lb |b`bbdb`>{ Pjbs des lb |b`bbdelfb>

Ep e iczb` pcdb h| hg pjb je}}bgcgo hi eEp e iczb` pcdb h| hg pjb je}}bgcgo hi e

}e|pckrfe| bybgp1}e|pckrfe| bybgp1

Ep pjb khd}egs{ h}pchg1 h|Ep pjb khd}egs{ h}pchg1 h|

Ep pjb {je|bjhf`b|{ h}pchg'Ep pjb {je|bjhf`b|{ h}pchg'


22/37

\b`bd}pchg hi \b`bbdelfb\b`bd}pchg hi \b`bbdelfb

]|bib|bgkb [je|b{]|bib|bgkb [je|b{

E khd}egs des hgfs |b`bbd |b`bbdelfbE khd}egs des hgfs |b`bbd |b`bbdelfb}|bib|bgkb {je|b{>}|bib|bgkb {je|b{>

hg pjb pb|d{ hg wjckj pjbs e|b hg c{{rb> {hg pjb pb|d{ hg wjckj pjbs e|b hg c{{rb> {ih| pjb }r|}h{b{ hi pjb |b`bd}pchg>

{


23/37

[pepbdbgp hi ]|bib|bgkb[pepbdbgp hi ]|bib|bgkb

[je|bjhf`b| \cojp{[je|bjhf`b| \cojp{

E khd}egs keg hgfs c{{rb }|bib|bgkbE khd}egs keg hgfs c{{rb }|bib|bgkb{je|b{ ci pjb |cojp{ eppekjb` ph pjbd wcpj{je|b{ ci pjb |cojp{ eppekjb` ph pjbd wcpj|b{}bkp ph kb|pecg deppb|{ e|b {bp hrp cg|b{}bkp ph kb|pecg deppb|{ e|b {bp hrp cgpjb khd}egs{ khg{pcprpchg h| jeyb lbbgpjb khd}egs{ khg{pcprpchg h| jeyb lbbghpjb|wc{b e}}|hyb` ls {}bkcef |b{hfrpchghpjb|wc{b e}}|hyb` ls {}bkcef |b{hfrpchghi pjb khd}egs> {


24/37

_jep |cojp{ dr{p lb `befp wcpj8_jep |cojp{ dr{p lb `befp wcpj8

\cojp{ |bfepcgo ph>\cojp{ |bfepcgo ph>

\b}esdbgp hi ke}cpef1\b}esdbgp hi ke}cpef1

]e|pckc}epchg cg {r|}fr{ e{{bp{ eg` }|hicp{1]e|pckc}epchg cg {r|}fr{ e{{bp{ eg` }|hicp{1 Krdrfepcyb eg` ghgKrdrfepcyb eg` ghg$$krdrfepcyb `cyc`bg`{1krdrfepcyb `cyc`bg`{1

Yhpcgo1 eg`Yhpcgo1 eg`

]|ch|cps hi }esdbgp hi ke}cpef eg` `cyc`bg`{]|ch|cps hi }esdbgp hi ke}cpef eg` `cyc`bg`{cg |bfepchg ph hpjb| {je|b{ h| kfe{{b{ hicg |bfepchg ph hpjb| {je|b{ h| kfe{{b{ hi}|bib|bgkb {je|b{'}|bib|bgkb {je|b{'


25/37

C{ cp gbkb{{e|s ph kfbe|fs `bicgbC{ cp gbkb{{e|s ph kfbe|fs `bicgb

pj

b |bfbyegp |coj

p{8pj

b |bfbyegp |coj

p{8

Ke{b few cg`ckepb{ pjep e khd}egs desKe{b few cg`ckepb{ pjep e khd}egs des

khd}fs wcpj {


26/37

Ph bz}bkp e khd}egs ph {bp hrp& cg cp{Ph bz}bkp e khd}egs ph {bp hrp& cg cp{e|pckfb{& cgifbzclfb `bpecf{ hi `epb{ hie|pckfb{& cgifbzclfb `bpecf{ hi `epb{ hi

|b`bd}pchg whrf` lb rg`rfs |b{p|ckpcyb'|b`bd}pchg whrf` lb rg`rfs |b{p|ckpcyb'Khddb|kcef kc|krd{pegkb{& {rkj e{ yhfepcfbKhddb|kcef kc|krd{pegkb{& {rkj e{ yhfepcfbcgpb|b{p |epb{& `bdeg` pjep e khd}egs lbcgpb|b{p |epb{& `bdeg` pjep e khd}egs lbocybg e dbe{r|b hi ifbzclcfcps 'ocybg e dbe{r|b hi ifbzclcfcps '

E{ e deppb| hi }|ekpckb *eg` ls wes hiE{ e deppb| hi }|ekpckb *eg` ls wes hibzed}fb# hgb |e|bfs {bb{ cg dh`b|g e|pckfb{bzed}fb# hgb |e|bfs {bb{ cg dh`b|g e|pckfb{hi e{{hkcepchg e {pc}rfepb` |epb hi `cyc`bg`hi e{{hkcepchg e {pc}rfepb` |epb hi `cyc`bg`

`b{}cpb pjb |burc|bdbgp{ cg Q{


27/37

[hdb Hpjb| Kfe{{b{ hi [je|b{[hdb Hpjb| Kfe{{b{ hi [je|b{

@bib||b` {je|b{>

Ke||s pjb |cojp ph lb }ec` e `cyc`bg` eipb|Ke||s pjb |cojp ph lb }ec` e `cyc`bg` eipb|

e `b{cogepb` dcgcdrd `cyc`bg` je{ lbbge `b{cogepb` dcgcdrd `cyc`bg` je{ lbbg}ec` hg pjb khd}egs/{ h|`cge|s {je|b{'}ec` hg pjb khd}egs/{ h|`cge|s {je|b{'

@bib||b` {je|b{ des lb c{{rb` ph@bib||b` {je|b{ des lb c{{rb` ph}|hdhpb|{ h| ihrg`b|{ hi e khd}egs' Pjb}|hdhpb|{ h| ihrg`b|{ hi e khd}egs' Pjbecd c{ r{reffs ph bgkhr|eob cgyb{pdbgp cgecd c{ r{reffs ph bgkhr|eob cgyb{pdbgp cgpjb c{{rb|'pjb c{{rb|'


28/37

]b|ih|degkb {je|b{]b|ih|degkb {je|b{

]b|ih|degkb {je|b{ e|b {je|b{ pjep wcff]b|ih|degkb {je|b{ e|b {je|b{ pjep wcff

khgyb|p ph h|`cge|s {je|b{ ci pjbc|khgyb|p ph h|`cge|s {je|b{ ci pjbc|bd}fhsbb jhf`b|{ dbbp `b{cogepb`bd}fhsbb jhf`b|{ dbbp `b{cogepb`}b|ih|degkb k|cpb|ce'}b|ih|degkb k|cpb|ce'


29/37

Jhw Keg Kfe{{ \cojp{ Lb Efpb|b`8Jhw Keg Kfe{{ \cojp{ Lb Efpb|b`8

Ci pjb |cojp{ e|b {pepb` cg pjbCi pjb |cojp{ e|b {pepb` cg pjbkhd}egs{ khg{pcprpchg& e {}bkcefkhd}egs{ khg{pcprpchg& e {}bkcef|b{hfrpchg hi pjb khd}egs cg obgb|ef|b{hfrpchg hi pjb khd}egs cg obgb|ef

dbbpcgo wcff lb |burc|b`> {bb {dbbpcgo wcff lb |burc|b`> {bb {5;9*lb {epc{icb`> kiki { 5;9 ; '{ 5;9 ; '


30/37

Pjb Ye|cepchg hi Kfe{{ \cojp{Pjb Ye|cepchg hi Kfe{{ \cojp{

]|hkb`r|b]|hkb`r|b

E khd}egs{ khg{pcprpchg r{reffsE khd}egs{ khg{pcprpchg r{reffskhgpecg{ e ye|cepchg hi |cojp{ kfer{b'khgpecg{ e ye|cepchg hi |cojp{ kfer{b'

Dh{p kfer{b{ {pepb pjep kfe{{ |cojp{Dh{p kfer{b{ {pepb pjep kfe{{ |cojp{kegghp lb dh`cicb` h| el|hoepb`kegghp lb dh`cicb` h| el|hoepb`

rgfb{{ pjb dbdlb|{ hi pjb kfe{{rgfb{{ pjb dbdlb|{ hi pjb kfe{{e}}|hyb hi pjb kjegob ls {}bkcefe}}|hyb hi pjb kjegob ls {}bkcef|b{hfrpchg ep e dbbpcgo hi pjb kfe{{'|b{hfrpchg ep e dbbpcgo hi pjb kfe{{'


31/37

[bkpchg


32/37

Pjb Gbb` ph Khd}fs _cpj pjbPjb Gbb` ph Khd}fs _cpj pjb

]|hkb`r|b [pepb` cg Khg{pcprpchg]|hkb`r|b [pepb` cg Khg{pcprpchg

Pjb biibkp hi { Pjb biibkp hi {

Kfe{{ |cojp{ des hgfs lb ye|cb` h|Kfe{{ |cojp{ des hgfs lb ye|cb` h|

kegkbffb` cg ekkh|`egkb wcpj pjbkegkbffb` cg ekkh|`egkb wcpj pjb}|hkb`r|b {pepb` cg pjb khd}egs{}|hkb`r|b {pepb` cg pjb khd}egs{khg{pcprpchg1 eg`khg{pcprpchg1 eg`

Ph efpb| pjb bzc{pcgo ye|cepchgPh efpb| pjb bzc{pcgo ye|cepchg}|hkb`r|b& pjb kr||bgp }|hkb`r|b}|hkb`r|b& pjb kr||bgp }|hkb`r|bdr{p cp{bfi lb hl{b|yb`'dr{p cp{bfi lb hl{b|yb`'


33/37

_jb|b Khg{pcprpchg @hb{ Ghp Jeyb e_jb|b Khg{pcprpchg @hb{ Ghp Jeyb e

Ye|cepchg hi \cojp{ ]|hkb`r|bYe|cepchg hi \cojp{ ]|hkb`r|b

Pjb biibkp hi {


34/37

\cojp ph [bba ph Jeyb e Ye|cepchg\cojp ph [bba ph Jeyb e Ye|cepchg

h| Kegkbffepchg hi \cojp{ Kegkbffb`h| Kegkbffepchg hi \cojp{ Kegkbffb` [bkpchg {


35/37

Bzed}fb{ hiYe|cepchg{ hi Kfe{{Bzed}fb{ hiYe|cepchg{ hi Kfe{{

\cojp{\cojp{

E kjegob ph e }|bib|bgkb {je|b `cyc`bgÈ kjegob ph e }|bib|bgkb {je|b `cyc`bg`

|epb'|epb' E kjegob ph pjb yhpcgo |cojp{ eppekjb` phE kjegob ph pjb yhpcgo |cojp{ eppekjb` ph

e kfe{{ hi {je|b'e kfe{{ hi {je|b'

Ekjegob cg pjb |b`bd}pchg èpb hi

Ekjegob cg pjb |b`bd}pchg èpb hi|b`bbdelfb }|bib|bgkb {je|b{'|b`bbdelfb }|bib|bgkb {je|b{'


36/37

Bzed}fb hi eg ekp wjckj `hb{Bzed}fb hi eg ekp wjckj `hb{

ghp efpb| h| el|hoepb kfe{{ |cojp{ghp efpb| h| el|hoepb kfe{{ |cojp{

Eg c{{rb hi {je|b{ cg hgb kfe{{ wcpj irffEg c{{rb hi {je|b{ cg hgb kfe{{ wcpj irffyhpcgo |cojp{ wcff `cfrpb pjb |bfepcyb yhpcgoyhpcgo |cojp{ wcff `cfrpb pjb |bfepcyb yhpcgo}hwb| hi {je|bjhf`b|{ cg eghpjb| kfe{{ ep}hwb| hi {je|bjhf`b|{ cg eghpjb| kfe{{ epe obgb|ef dbbpcgo'e obgb|ef dbbpcgo'

Jhwbyb|& lbker{b pjb|b je{ lbbg ghJhwbyb|& lbker{b pjb|b je{ lbbg ghkjegob ph pjb yhpcgo |cojp{ hi pjb hpjb|kjegob ph pjb yhpcgo |cojp{ hi pjb hpjb|

kfe{{ hi {je|bjhf`b|{& pjbc| |cojp{ kegghpkfe{{ hi {je|bjhf`b|{& pjbc| |cojp{ kegghplb {ec` ph jeyb lbbg ye|cb`>lb {ec` ph jeyb lbbg ye|cb`>

[bb[bb _jcpb y L|c{phf Eb|h}fegb Kh Fp`_jcpb y L|c{phf Eb|h}fegb Kh Fp`

Q532;T Kj 921 Q532;T5 Eff B\ 0=& KE'Q532;T Kj 921 Q532;T5 Eff B\ 0=& KE'


37/37

Hlfcoepchg ph Ghpcis E[CKHlfcoepchg ph Ghpcis E[CK

Eff khd}egcb{ dr{p ghpcis E[CK hi `bpecf{ hi>Eff khd}egcb{ dr{p ghpcis E[CK hi `bpecf{ hi> [je|b c{{rb{> { { E`cyc{chg hi {je|b{ cgph {b}e|epb kfe{{b{>

{ { {

corporate law #5

Documents