Get Started with ixamBee
Start learning 50% faster. Sign in now
The principle of the ‘Majority Rule’ was recognized in the landmark case of Foss v Harbottle (1843). As a general principle laid down in Foss v Harbottle, where it is alleged that a wrong has been done to the company then proper claimant in such an action is the company itself; as the company is a legal entity having its own separate identity apart from its members. Where the company is competent to settle the alleged wrong itself or, the company is competent to ratify or condone an irregularity by its own internal procedure, then no individual member may bring action Shareholders individually do not have the right to institute a suit against the wrongdoer of the company .
The respective ages of a mother and her daughter are 65 and 21 years. In how many years will the mother be thrice as old as her daughter?
The average age of three ladies is 30 years and their ages are in the ratio of 4: 6: 8. The age of the youngest lady is:
The average age of Rohit’s parents is 42 years. The ratio of his father and mother’s age is 4 : 3 respectively. Find his mother’s age?
A girl’s age is 125% of what it was 5 years ago, but 75% of what it will be after 5 years. What is her present age?
