ILAC

Issue: This head basically entails the central idea of the research paper. It talks about the legal
question which is required to be evaluated. Why should this legal perspective be interpreted? It
gives the reader a basic idea of what the research is based upon. The issue drafted should be
such, that it crops out to be in the best interest of our client but should appear in a neutral or
unbiased style. The need is to work upon the area of law and the jurisdiction which shall govern
the question of law.

Law: It refers to the most prevalent legal rule or procedure which has to be applied to the issue
in question. This shall pertain to a specific rule in the law statutes of the nation including
sourcing of the legal principles evidenced by case laws and citations. Rules flowing out from
legislation, statutes, precedents, tribunal decisions are an authority. In the above-discussed
example, Sec-180 of Corporations Act 2001 forms the ruling statute.

Application: In this, one needs to apply the governing rule to the facts of our case. The case
laws used, can be referred to draw correspondence from. The summary of cited cases needs to
be interpreted and correlated to the present case in own words. The important words from the
ruling need to be highlighted, to show the interrelation among them. This section quantifies
argument. In the above case, as the director owes a duty of care and diligence under sec 180,
hence should go by the company rules in order to undertake any financial transaction, which he
alone is not capacitated for. Similar decision was laid down in James Hardie case.

Conclusion: It states the culmination of the issue or the question of law flowing from the
application of the governing rule to the present facts. It should be a quick summary of the
judgement, highlighting the liability of the accused, penalties imposed and the compensation to
be given. In the above example, the director was held liable for violating his general duties
under Sec 180 of Corporations Act 2001, and is required to compensate the company funds
with the cost of car.