We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Microplex - Essay Example

Comments (0)
In case of Microplex it was a wholly owned subsidiary of Megaplex. According to the details given the parent company is investing (financing) the subsidiary. The financed amount is taken in the form of debentures and with reasonable security. In case of crisis like insolvency the secured lending can be realized but unsecured lending cannot be realized as it have no ground under the common law…
Download full paper

Extract of sample

Download file to see previous pages... If the company directors know it, they can stop any body from purchasing the land by convincing peter not to sign for it. But here the problem is not about purchasing land but the amount owed to Burkes and Wills and the clause that it was a heritage land and cannot be used for private commercial purposes.
Here there was a provision in the corporate act (2001) to get enough time by applying for compensation. Microplex can get compensation from the Katrina family for deliberately hiding the legal tangles bebind the land scape (water front) they wanted to purchase from them. If they get the compensation then they can successfully get rid of burden of Burkes and Wills. If they did not get it they can get at least time for settling the legal tangles in Babinda trust and get credit from them to pay the dues of Bukes and Wills. The company can approach court according to the following provisions.
(1) If the information in the application for a market licence in Australia contains information about the proposed compensation arrangements according to paragraph 881B(2), the minister can be compelled to treat the application as a thing for approval of the compensation arrangements and, for that action, he must consider the proposed arrangements were adequate.
(3) When it was felt by the minister that the proposed compensation ar...
(3) When it was felt by the minister that the proposed compensation arrangements are adequate the minister can grant the licence. But while granting the licence the minister must approve the compensation arrangements.
Note: The other provisions about granting licences are in Subdivision A of Division4 of Part7.2.
(4) The minister must follow the following in the conditions of licence.
He must deal with the least amount of cover required in relation to the compensation arrangements in such manner as the minister thinks appropriate and
He can identify the source of funds available to cover the claims and he can approve arrangements on the basis of them. (section 885H)
882B How to get compensation arrangements approved after licence is granted
(1) There will be operators of licenced market. It any one of them wanted to have a compensation arrangements for the market approved after the granting of the licence, the so called operator should apply for approval according to the provisions of this section.
(2) The application must:
funish the information regarding and relevant to the compensation arrangements proposed. Those must be the arrangements required by regulations made for purposes about this paragraph and must accompanied by a copy of the proposed compensation rules and
(b) can be made to the minister through lodging the application with the help of ASIC.
Note: For fees in respect of lodging applications, see Part9.10.
(3) The minister has a right or rejecting the application if he consider that the proposed compensation arrangements are not adequate according to the things mentioned in the law.
(4) If the above (3) is not the case and if the minister considers the proposed arrangements are adequate then he must:
(a) approval of the arrangements of ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
Computers and Marketing
In the scheme of things now, it is very hard to imagine life without going on-line even for a single day. A rapid growth in mobile devices and other portable consumer electronics products has likewise contributed to the Internet becoming ubiquitous. We now do most of our daily tasks on-line too, such as shopping, transacting with a bank, planning the vacation trip, booking a hotel room, confirming an airline reservation or sending money.
2 Pages(500 words)Essay
Current Macroeconomic Situation in the U.S
The state of the domestic economy has always been topmost in the minds of American citizens. It will perhaps be one of the most defining issues that will determine the winner of next year's presidential elections as well. People are understandably worried about the economy as it impact on them directly, perhaps more significantly than other concerns such as a global anti-terror war.
3 Pages(750 words)Essay
Contemporary Developmental Psychologist
This theory suggests that human mental functioning occurs under voluntary control of person as they influence the cultural constructed artifacts. This means that mental attributes such as attention, memory, planning, perception, leaning, and development come under a person’s individual control (Freedheim &Weiner, 2003).
3 Pages(750 words)Essay
Exploring Entrepreneurship
Based on Caan’s narration of his life experiences, socialization and learning aspects will be identified and analyzed to understand the possible events that can be compared with entrepreneurial qualities. James Caan, originally Nazim Khan from Pakistan, a well-known entrepreneur in the UK has founded the Alexander Mann Group and Humana International, both multi-million companies in the recruitment industry, after a numerous other struggles.
3 Pages(750 words)Essay
Security and Integrity of health care information systems
In the field of nursing, informatics has been introduced in order to improve efficiency. This has prompted the introduction of health information systems in healthcare. Health information systems deal with a lot of operations involved in managing sensitive medical information for different patients.
15 Pages(3750 words)Term Paper
Canterbury Tales
Every story features many characters, an assortment of plots with fascinating exaggerated interactions. Two of the stories in Canterbury Tales are "The Knight's Tale" and "The Wife of Bath's Tale", which engross different sort of passion and relationships based on graciousness, vigor, respect.
2 Pages(500 words)Book Report/Review
Africa and Colonial
Africa had thousands of cultures, tribes, and political boundaries. The Europeans threw different tribes together. For example, the Portuguese established ports on todays Ghanas coast. The Dutch created Cape Town in South
2 Pages(500 words)Essay
Contemporary Issues in Dark Tourism
Stone, Philip. ed. “Introducing Dark Tourism.” The Dark Tourism Forum. July 2006. 19 November 2008 Yuill,
4 Pages(1000 words)Essay
Executive Compensation
Obama was, for instance, seriously threatened when he was linked to Franklin Raines, the former Fannie Mae CEO , who was reportedly compensated $90 million from 1998 to 2003. Understandably, this is an important issue in America amidst the ongoing financial recession wherein
7 Pages(1750 words)Essay
''The Cadbury Report on Corporate Governance(Cadbury Code 1992) had serious and significant flaws that rendered it incomplete as a tool to control certain types of unscrupulous economic behaviour''
a result of flawed practices as many examples of poor governance such as Enron, Arthur Anderson, WorldCom and Tyco along with many others have surfaced. The actions of these corporate giants and the scandals which surrounded them gave rise to a great degree of mistrust for the
8 Pages(2000 words)Essay
Three historical actors
The largest city in California is Los Angeles, with the highest demographic size in California. It joined the American Union in 1850 and had Jerry Brown as its current governor, with its local government segregated into
6 Pages(1500 words)Assignment
Let us find you another Essay on topic Microplex for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us