Discuss whether or not ethos or any of its directors have breached the law
Ethos plc is a major, graphic design company. One of Ethosâ directors, Mike, is in extreme financial difficulty and is close to having to declare himself bankrupt (which would make him ineligible to act as a director of Ethos). Accordingly, to prevent this, the other directors of Ethos cause the company to lend Mike 150,000. The transaction is disclosed at a meeting of the directors and the directors unanimously agree to authorize the loan. Mike was present at this meeting, but did not vote on whether the loan should be made. Ethosâ Articles of Association state that âEthos plc may engage in any activity directly related, or incidental to, the carrying on of a graphic design business.â The directors of Ethos cause the company to lend 500,000 to Wanjiku, who will then pay off the loan over a two-year period. Wanjiku is a major client of Ethos, but aside from this, she has no other links with the company or its directors. A number of Ethosâ members hear of the loan and argue that Wanjiku must repay the money immediately. The board of Ethos discover that Asset Strip plc is considering a takeover bid of Ethos. Asset Strip plans to break up the various parts of Ethos and sell them off individually and to remove the companyâs directors. Ethos is making a considerable profit and the directors genuinely believe that it would not be in the interests of the company or its members for Ethos to be taken over by Asset Strip. Accordingly, the directors cause the company to issue new shares to Sylvia an existing member who is known to oppose the takeover with the aim of preventing the takeover from succeeding
Sample Solution
DH Laurence Poems DH Lawrence’s sonnet appears to have died. The heading of this area shows expectation and conviction about human strength. Where is this in verse? “Some portion of verse is about the difficulties of life and the issues that individuals need to confront, however they additionally have insight indicates that the issue may not be fathomed, yet the sonnet has a feeling of confidence It is about the connection among people in the erratic lifeless world and their significance. William Wordsworth’s 1802 London and Paul Lawrence Dunbar’s Douglas are stanzas about the changing circumstance of every general public in the United States for London and Dunbar for Wordsworth. These sonnets are reactions to various periods, as the two authors stress over the condition of their general public and recollect the pleasant occasions they loved for a considerable length of time of wonder of the past. In London, 1802 and Douglas verse there are a few likenesses in the substance, yet there is a major distinction between the two, the peruser can acknowledge it. Paul Laurence Dunbar’s sonnet “The Conmpathy” proposes perusers that enclosure fowls’ way of life is being contrasted and nineteenth century African Americans. Paul Lawrence Dunbar ‘s “compassion” centers around how African Americans perceive and center around retreats and agony experienced by confine fowls. When Dunbar began composing this sonnet he stated, “I know the sentiment of the feathered creature in the enclosure, hello!” This shows an examination between a fowl in a pen and an African American I will. More idiotic composed verse in a fresh and clear language. Dunbar underlined his contention that a few people utilizing the analogy of subjugation and chain authoritative, lamentably, can appreciate better things throughout everyday life. Tragically, “Spring pastures”, streaming waterways, and blossoms sprouting might be considered by individuals. Use nature. ) Post Lawrence Dunbar’s night go of the boat, Loren Badang’s “Spend of the Night Ship” is an open door for everybody, paying little heed to the race. The sonnets of Dunbar are legitimately closely resembling the collection of memoirs of Frederick Douglas. Both Douglas and Dunbar saw the boat and saw any expectation of social change. They all need change, yet their desire is totally different. Frederick Douglass watches the boat from the shore, planning to annul opportunity and bondage.>
DH Laurence Poems DH Lawrence’s sonnet appears to have died. The heading of this area shows expectation and conviction about human strength. Where is this in verse? “Some portion of verse is about the difficulties of life and the issues that individuals need to confront, however they additionally have insight indicates that the issue may not be fathomed, yet the sonnet has a feeling of confidence It is about the connection among people in the erratic lifeless world and their significance. William Wordsworth’s 1802 London and Paul Lawrence Dunbar’s Douglas are stanzas about the changing circumstance of every general public in the United States for London and Dunbar for Wordsworth. These sonnets are reactions to various periods, as the two authors stress over the condition of their general public and recollect the pleasant occasions they loved for a considerable length of time of wonder of the past. In London, 1802 and Douglas verse there are a few likenesses in the substance, yet there is a major distinction between the two, the peruser can acknowledge it. Paul Laurence Dunbar’s sonnet “The Conmpathy” proposes perusers that enclosure fowls’ way of life is being contrasted and nineteenth century African Americans. Paul Lawrence Dunbar ‘s “compassion” centers around how African Americans perceive and center around retreats and agony experienced by confine fowls. When Dunbar began composing this sonnet he stated, “I know the sentiment of the feathered creature in the enclosure, hello!” This shows an examination between a fowl in a pen and an African American I will. More idiotic composed verse in a fresh and clear language. Dunbar underlined his contention that a few people utilizing the analogy of subjugation and chain authoritative, lamentably, can appreciate better things throughout everyday life. Tragically, “Spring pastures”, streaming waterways, and blossoms sprouting might be considered by individuals. Use nature. ) Post Lawrence Dunbar’s night go of the boat, Loren Badang’s “Spend of the Night Ship” is an open door for everybody, paying little heed to the race. The sonnets of Dunbar are legitimately closely resembling the collection of memoirs of Frederick Douglas. Both Douglas and Dunbar saw the boat and saw any expectation of social change. They all need change, yet their desire is totally different. Frederick Douglass watches the boat from the shore, planning to annul opportunity and bondage.>
