Microplex - Essay Example

Only on StudentShare

Extract of sample
Microplex

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 ...Show more

Summary

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…
Author : tkunde
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Microplex"
with a personal 20% discount.
Grab the best paper

Related Essays

Stanley Milgram
Psychologists and sociologists explore the problem of our susceptibility to social influence, and some results of their explorations often cause to deeply analyze human nature. One of such scientists was Stanley Milgram who had held an experiment. The aim of the experiment was to explore susceptibility to social influence in a particular situation which could show the features of our behaviour in this area.
2 pages (500 words) Essay
Relection Paper
The author insists that developing the whole personality of a child is extremely important and while she goes into details of learning, that is tied to the concept of personality development. The author shows how our bodies influence, create, foster, and sometimes, limit learning.
4 pages (1000 words) Essay
Boris Godunov by Alexander Pushkin
Boris Godunov consists f twenty-three loosely connected scenes. f the dramatic unities (time, place, and action) Pushkin observed only the unity f action, and he cast the poetry in iambic pentameter, which is closer to natural speech than the hexameters f neoclassic drama, and intermixed poetry with prose.
6 pages (1500 words) Book Report/Review
Myths of Objectivism and Subjectivism
Myths, the author notes are metaphorical, thus containing no solid "truth". So, if these theories are based on myth, they cannot be true. One of the main arguments in the text is that there is a "mistaken cultural assumption that the only alternative to objectivism is radical subjectivity." (185) So, society believes it is an either/or situation: that you either believe is objectivism, e.g.
2 pages (500 words) Book Report/Review
Gaelic Literature: What values are expressed in Gaelic literature?
The forms and structures of these works of art are illustrated in ways that are consistent with the cultural attitudes and world-view as understood within the Gaelic framework of reference (ODriscoll, 1998, p. 41). The poetry Derick Thomson is regarded as an illustration
8 pages (2000 words) Essay
You can see instructions
I had to make a lot of editing. But despite those efforts in editing, I noticed that there are still mistakes on it which I did not notice when I first wrote it. Clearly, I needed to improve my writing skill. I also noticed that every time I
3 pages (750 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT