By Chris Shepherd, Ann Ridley
Key evidence Key circumstances corporation Law will make sure you take hold of the most options of your organization legislation module comfortably. This booklet explains the proof and linked case legislation for:
- Shares
- Capital Maintenance
- Failure and Liquidation
- Directors
- Borrowing
Ann Ridley is intervening time Dean, enterprise and administration, Accounting and legislations on the college of Gloucestershire.
Chris Shepherd is Lecturer in legislation at London South financial institution University.
Key proof Key situations is the basic sequence for somebody learning legislation at LLB, postgraduate and conversion classes. The sequence presents the easiest and most well known option to take up and continue the entire fabric crucial for passing your assessments. every one bankruptcy includes:
- diagrams at first of chapters to summarise key points
- structured headings and numbered issues to permit for transparent remember of the basic points
- charts and tables to collapse extra complicated information
Chapters also are supported through a Key Cases part which gives the easiest and finest option to take in and memorise crucial situations wanted for examination success.
- Essential and major instances are explained
- The variety, format and motives are consumer pleasant
- Cases are damaged down into key parts by means of use of a transparent method of symbols for speedy and simple visible recognition
Series editors: Jacqueline Martin and Chris Turner LLM, who's Senior Lecturer in legislations at Wolverhampton collage.
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Extra resources for Company Law
Sample text
Key Law The court ordered the company to abandon the name. The word ‘Certified’ suggesÂ�ted to the public that its members had underÂ�gone a rigorÂ�ous diet of educaÂ�tion, trainÂ�ing and examÂ�inÂ�aÂ�tions. It gave a misleadÂ�ing indicÂ�aÂ�tion as to the nature of its activÂ�itÂ�ies and could cause harm to the public as they were likely to be prepared to pay more in fees for the services of a member of a company with this name. 4 wing v Buttercup Margarine Company Ltd E [1917] 2 Ch 1 CH Key Facts The claimant carried on a wholeÂ�sale and retail busiÂ�ness of selling margarÂ�ine in shops under the name ‘Buttercup Dairy Co’.
5 Under previ�ous compan�ies legis�la�tion, every company was required to include an objects clause in its memor�andum of asso�ci�ation which, in theory, set out the purpose for which the company was being set up. indb 5 18/12/2014 14:06 Company formation 6 Companies, ex parte AG (1980) repor�ted (1991). Note, however, that under the CA 2006 a company is not required to have an objects clause, but may choose to do so (see Chapter 4). 6 If the Registrar is satis�fied that the require�ments of the Act have been complied with, he must register the company: s 14 CA 2006.
This provided an opporÂ�tunÂ�ity for abuse, and the prinÂ�ciples described below were developed in response to this. 2 As a result of legal reguÂ�laÂ�tion and the Stock Exchange Listing Rules, the law relatÂ�ing to duties of promoters is now of little pracÂ�tical importÂ�ance as far as public companÂ�ies are concerned. It may still have some relevÂ� ance to private companÂ�ies. 2╇ Who is a promoter? 1 The term promoter is one of fact, not of law. A promoter has been described as: ‘One who underÂ�takes to form a company with referÂ�ence to a given project and to set it going, and who takes the necesÂ�sary steps to accomÂ�plish that purpose’ (Cockburn CJ, Twycross v Grant (1877) 2 CPD 469).