Bottom line, backdating is generally permissible in which it is completed to replace the loans of the employing functions simply
Although not, it is impermissible where in fact the people backdate possibly to help you unconscionably meddle towards liberties out of third parties (including the government’s to taxation including parties) or in which it contravenes appropriate legislation otherwise rules. Footnotes step one Chablis Textiles Inc. (Trustee out-of) v London area Life insurance policies Co, SCJ […]