Q. Money was subscribed to a company on the basis that I would be a shareholder. Yet a check with ASIC indicates that this has not occurred?
A. Basically you will need to prove intention at the time the money was directed to the company and the best way to do this is if there is something in writing which supports this contention. Alternatively if this cannot be done your sta... Tags:
Laws Tips For Small Business By: William Samuel Small businesses need to take precautions and be prepared for anything, including the potential of lawsuits or the need for legal counsel. There are two main ways to equip your business with the legal protection you need. One of those ways is to be self-taught. Tags:
Dealing With Partnership Disputes By: Darren Agaton Partnership is established when two or more entities agreed to form a business for profit. This is managed by the partners themselves. Thus, conflicts, clashes or arguments in partnership are inevitable which more often lead to partnership disputes. Tags: Partnership Disputes
What to do if you run your own business By: Anthony Zadordov The article looks at the use of buy/sell agreements linked to life insurance policies to maintain a business after the death of a sole proprietor, partner or major shareholder. Tags:
Shareholder Agreements: An Overview By: Kamille Pagibigan Shareholder agreements should be carefully discussed and prepared. These agreements will provide important knowledge of the objectives and styles of other involved parties. Compatibility may also play an important role in these agreements because shareholders decide together and if they are not compatible, arguments may arise between them. Any disputes should be fixed immediately. If necessary, it is better to revise a shareholders' agreement later than postpone having one in the first place. Tags: Shareholder Agreements
Resolving Disputes between Shareholders By: Kamille Pagibigan Shareholder disputes are inevitable in a company's lifetime. Shareholders will have arguments in how they run a business, clashes of interests and views will arise and it will not be easily resolved. Tags: Shareholder Disputes
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