New answers tagged corporate-law
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Employees must follow the lawful and reasonable directions of their employer
The CEO is an employee. Their employer is the school which, I assume, is some sort of body corporate since it has directors. The school must act through its agents, in this case the directors. So, if the directors instruct the CEO to do something lawful and reasonable, then the ...
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In the U.S., being a publicly held company means that, at least, some of the shares are registered with the SEC. Without that registration most would not consider the company as public.
Registered stock is a security that has been listed in a registration statement filed with and declared effective by the Securities and Exchange Commission (SEC). The SEC ...
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Limitations on transfer of shares are not defined in law
australia
It is common, but not universal, to allow directors to refuse to register share transfers in the Rules governing a proprietary (private) company. It is uncommon, but not unknown, for such Rules to exist in a public company.
Share transfers can also be governed by third-party contracts such as ...
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Revive the company
Delaware (and most other) jurisdictions allow the revival of an administratively deregistered company on payment of back-taxes and fees.
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