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You use free version of Magic Help. To copy essay texts upgrade subscription level. Therefore, the decisions and actions by the company officers, employees or indeed its agents will be taken to be those of the company which shall bear the liability. This was with a view of safeguarding the interests of both the shareholders and the creditors by way of the doctrine of ultra vires.

Clause 3 of the memorandum that: The objects for which the company is established are to make and sell, or lend on hire, railway carriages and wagons, and all kinds of railway plant, fittings, machinery, and rolling-stock; to carry on the business of mechanical engineers and general contractors; to purchase and sell, as merchants, timber, coal, metals, or other materials; and to buy and sell any such materials on commission, or as agents.

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THE ULTRA VIRES DOCTRINE OF COMPANY LAW IN ZAMBIA INTRODUCTION This assignment examines the debate on the legal issues surrounding the abolition of the requirement to submit a Memorandum of Association when applying to incorporate a company under the Zambian Companies Act cap of the Laws of Zambia. .

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Business Law Assignment Help. Business law is abbreviated in different names like commercial law, mercantile law, and the body of toplabour.cfss law is the back of trade and business environment of a country. Law the text book help is not enough to make a constructive essay, but essay need the help of references, materials from the company and above all, professional guidance from the best principles do your homework urban dictionary company law assignment essay help experts.