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Limited Liability Act 1855
The Limited Liability Act 1855 (18 & 19 Vict c 133) was an Act of the Parliament of the United Kingdom that first expressly allowed limited liability for corporations that could be established by the general public in England and Wales as well as Ireland. The Act did not apply to Scotland, where the limited liability of shareholders for the debts company debts had been recognised since the mid-Eighteenth century with the decision in the case of ''Stevenson v McNair''. Although the validity of the decision in that case had come to be doubted by the mid-Nineteenth century, the Joint Stock Companies Act 1856 – which applied across the UK – put the matter beyond doubt, settling that Scottish 'companies' could be possessed of both separate legal personality and limited liability. Overview Under the Act, shareholders were still liable directly to creditors, for the unpaid portion of their shares. The modern principle that shareholders are liable to the corporation was intr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Short Title
In certain jurisdictions, including the United Kingdom and other Westminster-influenced jurisdictions (such as Canada or Australia), as well as the United States and the Philippines, primary legislation has both a short title and a long title. The long title (properly, the title in some jurisdictions) is the formal title appearing at the head of a statute (such as an act of Parliament or of Congress) or other legislative instrument. The long title is intended to provide a summarised description of the purpose or scope of the instrument. Like other descriptive components of an act (such as the preamble, section headings, side notes, and short title), the long title seldom affects the operative provisions of an act, except where the operative provisions are unclear or ambiguous and the long title provides a clear statement of the legislature's intention. The short title is the formal name by which legislation may by law be cited. It contrasts with the long title which, while us ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Act 1862
The Companies Act 1862 (25 & 26 Vict. c.89) was an Act of the Parliament of the United Kingdom regulating UK company law, whose descendant is the Companies Act 2006. Provisions *s 6 'Any seven or more persons associated for any lawful purpose may, by subscribing their names to a memorandum of association, and otherwise complying with the requisitions of this Act in respect of registration, form an incorporated company, with or without limited liability.' *s 8 'Where a company is formed on the principle of having the liability of its members limited to the amount unpaid on their shares, hereinafter referred to as a company limited by shares, the Memorandum of Association shall contain the following things' the third of which was 'objects for which the proposed company is to be established.' *s 11 'The memorandum of association... shall, when registered, bind the company and the members thereof to the same extent as if each member had subscribed his name and affixed his seal thereto, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom Acts Of Parliament 1855
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Liability
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 their duty of care. The duty of care is very complex, but in basic terms it is the standard by which one would expect to be treated whilst one is in the care of another. Once a breach of duty of care has been established, an action brought in a common law court would most likely be successful. Based on the injuries and the losses of the applicant the court would award a financial compensation package. The law of insurance and public liability In the course of managing any property, one is obligated to comply with laws and statutes administered by government and municipal bodies. These bodies impose various liabilities of which the property o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utopia, Limited
''Utopia, Limited; or, The Flowers of Progress'', is a Savoy opera, with music by Arthur Sullivan and libretto by W. S. Gilbert. It was the second-to-last of Gilbert and Sullivan's fourteen collaborations, premiering on 7 October 1893 for a run of 245 performances. It did not achieve the success of most of their earlier productions. Gilbert's libretto satirises limited liability companies, and particularly the idea that a bankrupt company could leave creditors unpaid without any liability on the part of its owners. It also lampoons the Joint Stock Company Act by imagining the absurd convergence of natural persons (or sovereign nations) with legal commercial entities under the limited companies laws. In addition, it mocks the conceits of the late 19th-century British Empire and several of the nation's beloved institutions. In mocking the adoption by a "barbaric" country of the cultural values of an "advanced" nation, it takes a tilt at the cultural aspects of imperialis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Act 2006
The Companies Act 2006 (c 46) is an Act of the Parliament of the United Kingdom which forms the primary source of UK company law. The Act was brought into force in stages, with the final provision being commenced on 1 October 2009. It largely superseded the Companies Act 1985. The Act provides a comprehensive code of company law for the United Kingdom, and made changes to almost every facet of the law in relation to companies. The key provisions are: * the Act codifies certain existing common law principles, such as those relating to directors' duties. * it transposes into UK law the Takeover Directive and the Transparency Directive of the European Union * it introduces various new provisions for private and public companies. * it applies a single company law regime across the United Kingdom, replacing the two separate (if identical) systems for Great Britain and Northern Ireland. * it otherwise amends or restates almost all of the Companies Act 1985 to varying degrees. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Act
Companies Act (with its variations) is a stock short title used for legislation in Botswana, Hong Kong, India, Kenya, Malaysia, New Zealand, South Africa and the United Kingdom in relation to company law. The Bill for an Act with this short title will usually have been known as a Companies Bill during its passage through Parliament. Companies Acts may be a generic name either for legislation bearing that short title or for all legislation which relates to company law. List Botswana *The Companies Act 2007 India *The Indian Companies Act 1882 *The Companies Act 1913 *The Companies Act 1956 *The Companies Act 2013 Kenya * The Companies Act 1962 (Cap 486) * The Companies Act 2015 Malaysia *The Companies Act 1965 New Zealand * Companies Act 1993 (originallJoint Stock Companies Act 1860 Singapore *The Companies Act 1967 (Cap 50) Brunei *The Companies Act 1984 South Africa *The Companies Act, 1973 *The Companies Act, 2008 United Kingdom *The Royal Exchange and London ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Granville Leveson-Gower, 2nd Earl Granville
Granville George Leveson-Gower, 2nd Earl Granville, (11 May 181531 March 1891), styled Lord Leveson until 1846, was a British Liberal statesman and diplomat from the Leveson-Gower family. He is best remembered for his service as Secretary of State for Foreign Affairs. His foreign policy was based on patience, peace, and no alliances; it kept Britain free from European wars and improved relations with the United States after the strain during the American Civil War. Background and education Leveson-Gower was born in London, the eldest son of Granville Leveson-Gower, 1st Earl Granville and Lady Harriet Cavendish, daughter of Lady Georgiana Spencer and William Cavendish, 5th Duke of Devonshire. His father was a younger son of Granville Leveson-Gower, 1st Marquess of Stafford and his third wife; an elder son with his second wife (a daughter of the 1st Duke of Bridgwater) became the 2nd Marquess of Stafford, and his marriage with the daughter and heiress of the 18th Ear ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henry Grey, 3rd Earl Grey
Henry George Grey, 3rd Earl Grey (28 December 18029 October 1894), known as Viscount Howick from 1807 until 1845, was an English statesman. Background Grey was the eldest son of Charles Grey, 2nd Earl Grey, who served as Prime Minister in the 1830s, by his wife The Honorable Mary Ponsonby, daughter of William Ponsonby, 1st Baron Ponsonby. Political career He entered parliament in 1826, under the title of Viscount Howick, as Whig member for Winchelsea, and then briefly for Higham Ferrers before settling for a northern constituency. Northumberland in 1831 was followed by North Northumberland after the Great Reform Act 1832. He remained in the parliaments dominated by his party and later by Lord Melbourne as Prime Minister. On the accession of the Whigs to power in 1830, when his father became prime minister, he was made Under-Secretary of State for War and the Colonies. This gave him responsibility for Britain's colonial possessions and laid the foundation of his intimate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crimean War
The Crimean War, , was fought from October 1853 to February 1856 between Russia and an ultimately victorious alliance of the Ottoman Empire, France, the United Kingdom and Piedmont-Sardinia. Geopolitical causes of the war included the decline of the Ottoman Empire, the expansion of the Russian Empire in the preceding Russo-Turkish Wars, and the British and French preference to preserve the Ottoman Empire to maintain the balance of power in the Concert of Europe. The flashpoint was a disagreement over the rights of Christian minorities in Palestine, then part of the Ottoman Empire, with the French promoting the rights of Roman Catholics, and Russia promoting those of the Eastern Orthodox Church. The churches worked out their differences with the Ottomans and came to an agreement, but both the French Emperor Napoleon III and the Russian Tsar Nicholas I refused to back down. Nicholas issued an ultimatum that demanded the Orthodox subjects of the Ottoman Empire be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Act Of Parliament
Acts of Parliament, sometimes referred to as primary legislation, are texts of law passed by the Legislature, legislative body of a jurisdiction (often a parliament or council). In most countries with a parliamentary system of government, acts of parliament begin as a Bill (law), bill, which the legislature votes on. Depending on the structure of government, this text may then be subject to assent or approval from the Executive (government), executive branch. Bills A draft act of parliament is known as a Bill (proposed law), bill. In other words, a bill is a proposed law that needs to be discussed in the parliament before it can become a law. In territories with a Westminster system, most bills that have any possibility of becoming law are introduced into parliament by the government. This will usually happen following the publication of a "white paper", setting out the issues and the way in which the proposed new law is intended to deal with them. A bill may also be introduced in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
