Company Law Essay Example | Topics and Well Written Essays - 2000 words - 4

Company Law - Essay Example Act 1985 codified this criteria by dictating that directors owe a duty of care to act in the best interests of both the members and the employees of the company.3 In the context of the problem company, Backup was persuaded to advance a loan to EL by Connie and Darshani, two of EL’s directors who also happen to be on the board of directors of the parent company ISL. There is clearly a question of a conflict of interest in that Connie and Darshani have the interests of the parent company and two subsidiaries, which may be competing interests. Moreover, in assessing the duty of care owed by Connie and Darshani and the remaining directors of Backup, the standard of care is relevant. That standard is the measured by reference to the reasonable skill and care that is generally expected of a business man possessing the relevant skills and training.4 The directors of Backup appeared to have reservations about the utility of the loan after hearing of EL’s impending financial problems from Connie and Darshani. Even so, they went against their own business instincts and acted for what appeared to be the best interest of the parent company and each of its subsidiaries. Although Connie and Darshani may have been confronting a conflict of interest, their position as directors of the parent company, a shareholder in EL, a subsidiary provides a means by which they may escape liability. In Re Southard &Co Ltd T where Templeton LJ said that: â€Å"A parent company may spawn a number of subsidiary companies, all controlled directly or indirectly by shareholders of the parent company. If one of the subsidiary companies, to change the metaphor, turns out to be the runt of the litter and declines into insolvency to the dismay of its creditors, the parent company and other subsidiary companies prosper to the joy of the shareholders without any liability for the debts of the insolvent subsidiary.†5 Drawing on the reasoning by Templeton, LJ in Re Southard &Co Ltd T Connie and

The Effect of the Monsoon on the Indian Society in Cochin, Kerala :: Monsoon India Society Culture Essays Papers

The Effect of the Monsoon on the Indian Society in Cochin, Kerala The monsoon holds the power to promote or devastate India ’s economy. Indeed, India has the potential to be a lot more prosperous were it not for the fickleness of the monsoon. â€Å"Floods, drought, famine, and poverty continue to drag her down each times she seems ready to spread wings of prosperity and fly towards a brighter future full of richer harvests.† 1 Sometime from the end of May to about the second week of June the southwest monsoon will arrive, if it arrives. Its time of arrival is not very predictable, nor is its duration or intensity, all of which can have significant impacts on an agriculturally based society. When the monsoon rain clouds reach the coast of south western India, they rise so quickly over the Western Ghats, an abrupt 1,500 mile escarpment, that they lose much of their moisture in Kerala (our area of study) before blowing across the rest of the peninsula and inland.2 Approximately 67% of the population depends on agriculture for a livelihood (forestry and fishing included).3 Major crops of Cochin and the surrounding area include coconuts, rubber, and rice. The monsoon rains are absolutely essential for crops to grow. The economy has been called a â€Å"gamble in rains† because the rain from the monsoon fills reservoirs, tanks, rivers, and irrigation canals with water that must last until the monsoon retur ns in the next year.4 Approximately 90% of India ’s annual water supply is brought by the monsoon.5 When the monsoon season is good, the government tries to establish buffer stocks against the catastrophe of monsoon failure. If the monsoon fails for two or three successive years however, no proactive measures can be sufficient.6 Another gamble the farmers make is with the timing of the monsoon. Crops are planted in March and April during the dry, hot season, and are harvested in November during the retreating northeast monsoon. Some crops such as coconuts need a certain amount of rain at a certain time. If the monsoon is late they will dry up and the harvest is lost.7 According to Cochin native, Joerose Tharakan, the irregularity of the arrival of the monsoon can have significant influences on the morale of the society. When the monsoon is late the farmers have a tendency to get vexed. Despite the fact that it obviously will do no good, they often go on strike.

Explain the Problem of Evil Essay

The problem of evil refers to the nature of God. Many assume that God is benevolent but hardly anyone really considers the possibility that God is not all good but rather an all evil, malevolent God. The question is if God is all good and all powerful, then why did he create a world full of evil and suffering? There is so much suffering in this world that a lot of people find it hard to believe that, if God does exist, he is good. There is the argument that an all good, all powerful God would create some suffering in the world to perhaps allow people to achieve greater goods. However, in all honesty, there is more evil than good in the world and so the likely hood of that isn’t very high. So in order to explain the nature of the problem of evil, then one has to consider the possibility of an evil God as well as a benevolent one. Is God willing to prevent evil, but unable to? Is God able to prevent evil, but unwilling to do so? Or is God able to prevent evil and willing to? If everyone goes along with the assumed theory that God is all good, it is harder to come up with reasons and theories that would explain Gods reason for allowing evil and suffering in the world. However, if you consider the idea that God is not all good but rather evil, then everything becomes clearer. Then again, there is the question of if there is an all evil God, then why did he create beauty and happiness in the world? Or why did he bother creating the world in the first place if he was just going to see it destroyed by the evil within human nature? The answer is this; he simply created beauty and goodness so that he could take it all away, to see us all suffer. This theory however, only seems to raise new questions rather than just answering the old and so it still leaves the question, is God good or bad? Another argument would be free will. The Bible states that God granted humans the gift of free will. However some would say that as a result of this, we have created our own evil and suffering. We start our own wars; we are the reason so many people are dying of starvation. But then there are those who would argue that it is better to have free will because it is a good that ‘far outweighs the evil it produces’. The Ireanean theodicy attempts to explain natural evil as well as moral evil. This theodicy states that things like bad experiences can make a person stronger. For example people who have suffered through a life threatening disease and survived may say that they have actually gained something from it,  regardless to how much pain it brought. Similarly, by creating natural evil, God is allowing us to ‘grow and develop morally and spiritually’. However the issue with this theory is that it fails to explain why God allows suffering to be distributed to some, while others enrich themselves in luxury. Therefore we are again brought to the question ‘is God good or bad?’ There are other ways of explaining why evil happens. One is Augustine’s theory that evil is the result of angels who turned away from God. Generally, Augustine’s theodicy is the traditionally accepted one. He based his theory on two key passages from the bible: Genesis 3 and Romans 5:12-20. Augustine believed in a good God who created the world with goodness and evil is a ‘privation of good’, not an entity itself but something that lacks goodness.

Kill A Mockingbird By Harper Lee - 1312 Words

Within our novel To Kill a Mockingbird by Harper Lee, there are multiple main themes. Yet, we are exploring six of them, as they seemingly tie into our everyday lives the most, seeing as how we’re all growing up and being forced to view the world in a new light. There are few things people can escape from nowadays, those things not being racial injustice and gender prejudice, but it is simpler to escape from unwritten laws and to escape from being thrown from your chance at having a near normal childhood. I, personally, had to grow up fast and I’m thankful I did, or else I wouldn’t have the same world views as I do today. Though growing up fast can cause someone to be kind of bitter for a while, it helps them form their own thoughts and†¦show more content†¦Scout, on the other hand, views femininity and womanhood as a trap and as confining. She wishes to grow up on her own terms and to be seen as she wishes to portray herself. A prime example of this wou ld be her nickname, Scout, that she is called by more often than her feminine name Jean Louise. Since the Finch mother died whilst Scout was young, Scout never had a female role model in her life; most likely why she wishes to be so boyish, not having had the chance to spend time with a motherly figure and instead spending most of her time with Jem, and during the summer with Dill as well. In Scout’s time, women were expected to act as housewives or trophy wives, as they would often stay home to tend to the house, take care of children, and socialize with other neighbouring housewives. While Aunt Alexandra was capable, and great, at doing the things of a ‘regular’ housewife, it wasn’t the life Scout seemed to want. Scout liked playing outside and running and being free, since to Scout being a woman or lady was constricting it meant she couldn’t be free. Her aunt had even told her that she shouldn’t be doing activities if they required she wor e pants to do them, and that Scout should be a ray of sunshine in her father’s life. Since the family had lost a mother figure to care for the house they hired someone, Calpurnia to be exact. Calpurnia, who works as a cook and housekeeper for the