Pursuant to the Companies Act, a company limited by shares, if authorised to do so by its memorandum or by-laws, may purchase ...

Business owners tend to think their No. 1 priority is to make a profit. That end, however, can lead to using some particularly short term-minded means, such as using large amounts of debt to grow ...

The Israeli Companies Law provides for two tests a company’s board of directors must perform to approve a resolution to distribute dividends. The first test is the “profit test” and the second is the ...