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- W2255465918 abstract "The par value regime has always been accepted as one of the cornerstones of our company law. The functions of the par value of shares are to fix the maximum liability of a shareholder and to protect the creditors of a company. However, the regime also entails many shortcomings, which have prompted many law commissions to suggest for its abolishment. Australia is the latest country that has done away with the par value regime. This article reviews the problems posed by the par value regime and evaluates the alternative regime." @default.
- W2255465918 created "2016-06-24" @default.
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- W2255465918 date "2005-04-04" @default.
- W2255465918 modified "2023-09-26" @default.
- W2255465918 title "The Par Value of Shares: An Irrelevant Concept in Modern Company Law" @default.
- W2255465918 hasPublicationYear "2005" @default.
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