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Articles of association ? or simply articles ? are the written rules of the company that set out how it will be governed. The main difference is that the articles are a statutory requirement which is a public document whilst a shareholders' agreement is a private contract.
The False Claims Act proscribes: (1) presenting a false claim; (2) making or using a false record or statement material to a false claim; (3) possessing property or money of the U.S. and delivering less than all of it; (4) delivering a certified receipt with intent to defraud the U.S.; (5) buying public property from a ...
The articles of association bind the company to follow the rules they set out by law, creating a contractual obligation between the company, its shareholders and the shareholders themselves. Shareholders' agreements also confer contractual obligations on those to whom they apply.
A shareholder is an owner of a company as determined by the number of shares they own. A stakeholder does not own part of the company but does have some interest in the performance of a company just like the shareholders.
Generally, the shareholders agreement will override the company's constitution. The Corporations Act provides some basic safeguards for shareholders in the form of the ?replaceable rules?. The replaceable rules apply to all companies registered after 1 July 1998.
§ 1754. (a) A person who knowingly gives false information to any law enforcement officer with purpose to implicate another or to deflect an investigation from the person or another person shall be imprisoned for not more than one year or fined not more than $1,000.00, or both.
5 examples of False Claims Act violations False government loan applications. Fraudulent requests for government funds. Payment demands or requests that go against contracts or regulations. Overcharging government offices. False claims that a defendant complied with a law, rule or contract obligation.
The California False Claims Act permits the Attorney General to bring a civil law enforcement action to recover treble damages and civil penalties against any person who knowingly makes or uses a false statement or document to either obtain money or property from the State or avoid paying or transmitting money or ...
A shareholders' agreement includes a date; often the number of shares issued; a capitalization table that outlines shareholders and their percentage ownership; any restrictions on transferring shares; pre-emptive rights for current shareholders to purchase shares to maintain ownership percentages (for example, in the ...
The Vermont False Claims Act (the ?VFCA?) makes it unlawful for any person to: (1) knowingly present or cause to be presented a false or fraudulent claim for payment or approval; (2) knowingly make, us, or cause to be made or used a false record or statement material to a false or fraudulent claim; (3) knowingly ...