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Importance of Salmon V. Salmon & Co. Ltd Case in Corporate Law

Question

Salmon v Salmon & Co Ltd [1897] AC22 was a turning point in corporate law. Explain the implications of the decision in Salmon v Salmon & Co Ltd [1897] AC22 and the approach of the courts and the Corporation Act 2001 to this case.


Summary

The question belongs to Law and it discusses about the implications of the case Salmon v Salmon & Co. Ltd. This case is regarded as a milestone case in corporate law, around the world. The implications of this case have been discussed in the solution in detail.

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