Minority Shareholders Proprietary Rights Essay Example | Topics and Well Written Essays - 2000 words

Minority Shareholders Proprietary Rights - Essay Example As in the case of Gambotto in Australia, in a number of cases, the courts have taken cognizance to the fact that even if the plaintiff does not request for the two tests, the courts may and can subject the amendment to these tests and see to their fitment to the same. Failing which in either of the cases, the amendments may be nullified. The proprietary rights of the shareholders have to be upheld but not at the cost of the company according to the British Law, in contrast to the Australian perception of the matter. Exercising of the majority powers by the shareholders of a company is pretty rampant in the country. It is with utmost care and interest that the courts need to implement these laws so that the suppression of the shareholding minorities is protected and at the same time, the objectives of the company are not diluted. However, the point raised in the indicated quote is to ensure that the interest of both the minorities and that of the company should also be protected. In the name of protecting the interest of the minorities, the company should not be ending up as a loser in the game thereby, bringing down the interests of the rest of the shareholders of the company. In order to understand this, the idea of proprietary rights being protected has to be analyzed. Proprietary rights in most cases have been the ownership rights or the right to own. In cases related to owning land or building there had not been contentions on the proprietary rights of a person and what is offered to one person is same as the other one3. Whereas in the case of shareholder proprietary rights, the minority shareholders rights might be different from what the majority shareholder might have. The association of the company could be for one simple reason that of the company making more profits or as high a profit as is legitimately possible.

Officer Mohammed (Tribute Speech) Essay Example | Topics and Well Written Essays - 500 words

Officer Mohammed (Tribute Speech) - Essay Example He never hid his pride about me. He treated me different from all other grandchildren, always protected me, and taught me what it takes to succeed in this life. Even though he had his good and bad days, my grandfather was so sensitive to the needs and interests of those around him. His charitable deeds cannot go unnoticed. He extended his charitable hand to the needy, poor, and orphans. He taught me that success and good performance is rewarded by taking me and my brothers to Egypt and giving me monetary rewards for my academic excellence during his life years. His memories run fresh through my mind. When I almost lost my life he was there to save me. This was the time I almost drowned at sea. Luckily Officer Mohammed was there to rescue me. After that, he took it upon himself to teach me how to swim, so that in a repeat situation I can save myself or any other person in need of my help. Amid his outstanding character and personality, my grandfather had one critical weakness; he is not the listening type. Notably, listening skills are vital in any level of interaction between persons (Downs, 2008). His quest for adventure was only satisfied by driving around the city. My father’s concern over my grandfather driving himself landed on deaf ears. He needed not the services of our family driver. An effective and efficient communication (Wood, 2009) never existed in Officer Mohammed’s world. He said and did what he wanted. His poor sight resulted in a road accident that saw him in a coma for 3 days. When he regained consciousness, he asked my father and my uncles to pass his greetings to me and let me know that he was so proud of me. Sadly, these were the last words he uttered soon after the 3-day coma, and that marked the end of his life. This was hard for me to bear because I was in the U.S from 2009 to 2010. I never got to say Good Bye to my beloved