Understanding Company Shares, Shareholders, and Society Types
The capital is divided into shares. Shares may be transmitted freely once the company is entered in the commercial register. Contributions may be in goods or money and are taxed on income.
The Organs of the Society
- General Meeting of Shareholders: This meeting of members decides on important business issues.
- Ordinary General Meeting: This meeting occurs within the first six months of each year to review management, approve the accounts for the previous year, and decide on the application of the result.
International Recruitment Dispute Resolution
Methods of Dispute Resolution in International Recruitment
1. Risk Courts and the “Market” for Dispute Resolution Mechanisms
International Agreement
Determine the legal framework. In every legal system, it is regulated differently by different contracts.
What happens when the contract is breached? Risk court (in domestic contracts because there is no litigated in national courts). There are various mechanisms for dispute resolution:
- State Justice.
- ADR’s (Alternative Dispute Resolution).
- International Trade
License Suspension, Cancellation, and Revocation Effects
Effects of Suspension, Cancellation, and Revocation of Licenses
Suspension of a driver’s license, in accordance with the provisions of this Act, disables the driver from driving during the period of the penalty. After this, the license regains its effect. In these cases, it will be incorporated into the Vehicle Registration and Driver’s record.
Cancellation and termination occur upon revocation of the license, and the driver may not continue to drive vehicles of the class for which they had been granted.
Amending Pakistan’s Constitution: Procedure
1. Introduction
The Constitution of Pakistan is considered rigid because it cannot be easily amended. There is a rigid and difficult procedure to amend the Constitution, making it inflexible. Article 238 empowers the Parliament to make amendments, and Article 239 provides the procedure for the amendment. Parliament does not have unlimited powers to make amendments to the Constitution; only the Constitution provides this right to Parliament.
2. Relevant Provisions
Articles 238 and 239.
3. Institution
Read MoreLegal Axioms: Principles of Legal Knowledge and Regulation
Legal Axioms: Core Principles
Axiom I. Every object of legal knowledge is identical to itself.
- What is not legally prohibited is legally permitted.
- What is not legally prohibited is legally permitted.
Axiom II. No behavior can be found at the same time legally forbidden and legally permitted.
- Exercising his right not to be abused.
- What is not legally ordained cannot be legally prohibited.
- If the omission of permissible conduct is prohibited, such conduct is ordered.
Axiom III. Conduct can only be found
Read MoreFreedom of Expression and Information in Spain
Freedom of Expression: Article 20.1 CE
Article 20.1 of the Spanish Constitution (CE) protects several different fundamental rights in its four sections. Along with the recognition of those rights, this article governs their guarantees (art. 20.2, 3, and 5 EC) and its limits (art. 20.4 EC). Article 20.1 EC states that “the following rights are recognized and protected”:
- a) To freely express and disseminate thoughts, ideas, and opinions through words, writing, or any other means of reproduction.
- b) To