Where an application is made to the court for the dissolution of a firm1, the firm is dissolved as from the date of judgment for such dissolution and not from some earlier date such as the issue or service of the claim form in the proceedings or the commencement of a partner's incapacity2.
Alternatively, where a firm is dissolved by a notice of dissolution given by a partner empowered by virtue of the partnership agreement to give such notice, the firm is dissolved as from the date specified in the notice
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IntroductionShari'ah (also Sharia, Shariah or Shari’a) (literally, in Arabic, 'the path towards the watering place') or Islamic law is the legal system of the religion of Islam that sets out a system of duties or code of conduct for individuals to follow so that they may live their life in a
The Financial Conduct Authority Handbook (FCA Handbook) includes sourcebooks to regulate the conduct of business by a regulated firm relevant to insurers: the Conduct of Business Sourcebook (COBS) and the Insurance Conduct of Business Sourcebook (ICOBS). This Practice Note considers how these
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This Practice Note examines:•why negative pledge clauses are used in commercial transactions •the consequences of breaching negative pledge provisions•how negative pledges are viewed in the context of security and quasi-security, and•key considerations when drafting a negative pledge clauseWhere
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