Company law I 2008 2009 semester one lecture outline I an overview of our company Law Course


Key Features of Companies and Issues in Choosing Structure



Download 352.95 Kb.
Page7/44
Date03.04.2021
Size352.95 Kb.
1   2   3   4   5   6   7   8   9   10   ...   44
Key Features of Companies and Issues in Choosing Structure:







  • Corporate personality of registered Company – (next topic) – company and not individual members owns assets and sues and is sued – Companies Act 2006 section 16(2)-16(3)




  • Share capital available as a means of raising capital – if limited by shares but not if limited by guarantee – Companies Act 2006 section 5.




  • Must formally register the Company before it exists - Companies Act 2006 section 1(1).







  • Governance usually by general meeting of shareholders (limited powers and not agents of company) and separate board of directors (greater powers and may be/appoint agents of company) and not by owners (shareholders) collectively - Companies Act 2006 Parts 3, 10, 13, and 15 and Table A in the Companies (Tables A-F) Regs 1985 SI 1985/805..





Share with your friends:
1   2   3   4   5   6   7   8   9   10   ...   44




The database is protected by copyright ©essaydocs.org 2020
send message

    Main page