CHARITABLE ORGANIZATIONMEMORANDUM ADVANTAGES OF INCORPORATION Incorporation creates a new legal person and after it has been done the corporation alone is responsible for the liabilities. This avoids personal liabilities of…
DIRECTORSMEMORANDUM GENERAL There are many situations now and increasing by the day in which the directors are held personally liable for a wrongdoing of the company. Such personal liability is…
ANNUAL MINUTESMEMORANDUM Annual MeetingThe Ontario Companies are now governed by the 1982 Business Corporations Act.Under The Business Corporations Act, a corporation is required to hold a meeting of the shareholders…
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