"There is no corporate veil as the company does not exist. This means the promoter is personally liable unless it is otherwise specified in the contract" CA 2006...
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Card 17
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Case for derivative actions:
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Card 18
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Unfair prejudice - CA 2006...
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Card 19
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"The court can make such order as it thinks fit to amend unfair prejudice"
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Card 20
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"It is a director's duty to declare interest in proposed transactions or arrangements" CA 2006...
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Card 21
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The Criminal Justice Act
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Card 22
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"A person has information as an insider if they willingly know that the information comes from an inside source" CJA 1993...
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Card 23
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"The articles are enforceable by the members against the company"
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Card 24
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"The Articles bind the company and its members" CA 2006...
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Card 25
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"A wrongdoer cannot benefit from his own wrongdoing"
