Murdoch is summoned by no less than Prime Minister Laurier to head off the launch of an explosive-armed missile set to be fired from Canada to New York City unless a ransom demand of $4 million is met within the next 24 hours.
How to draft a company constitution What is a company constitution? The constitution is a formal document, drawn up by those applying to register the company, that sets out the rules for running the company. If a constitution has been adopted, it must be filed with the Companies Office in order for the company to be registered and incorporated with that constitution. Before the COMPANIES ACT 1993, the constitution was known as the Articles of Association. (For more information on registering and incorporating a company, see related article How to form a company). Is a company required to have its own constitution? No, there is no requirement for a company to have a constitution. It is up to those forming the company to decide whether or not they will draw up a constitution for it. If there is no constitution then the company is governed by the COMPANIES ACT 1993.
A proprietary company is a form of privately held company in Australia and South Africa that is either limited or unlimited. However, unlike a public company there are, depending on jurisdiction, restrictions on what it can and cannot do.In Australia, a proprietary company is defined under section 45A(1) of the Corporations Act 2001 (Cth).The Act puts certain restrictions on proprietary companies such as not permitting them to have more than 50 members (shareholders). Another important restriction relates to fundraising.owever, unlike a public company there are, depending on jurisdiction, restrictions on what it can and cannot do. In Australia, a proprietary company is defined under section 45A(1) of the Corporations Act 2001 (Cth).