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.
In other words, an owner of a limited company would lose the value of his/her investment if the company declares bankruptcy, but would not be held liable for other outstanding debts. A limited company is the most common corporation structure in the United Kingdom and is designated by Ltd after its name.