Company law notes

A company is a corporation - an artificial person created by law. A human being is a natural person. A company thus has legal rights and obligations in the same way that a natural person does. You can use these Notes as supplementary material.

They are based on the relevant chapters in Sealy and Worthington, Arora, Courtney, Dignam and Lowry and Slorach and Ellis as well as other sources. These notes are an aid to your studies and should be used alongside the text books in your library notes your own notes. This is my addition to the body of company law notes. I know it can really be a killer but these notes really helped me and I ended up doing really well in my exam.

LAW ( LLB ) NOTES is intended merely as an informational and educational resource and is not intended to offer legal advice, nor does it offer legal advice. Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Neither our company nor our products are officially affiliated with any of the institutions listed.

The law lecture notes below were written by our expert writers, as a learning aid to help you with your studies. If you are looking for help with your law lecture notes then we offer a comprehensive writing service provided by fully qualified academics in your field of study. Law Essay Writing Service.

Company law new questions and. It is to the benefit of directors that they understand and observe the importance of these duties. Shouldbefamiliar.

Constitutional documents to be provided to members Effect of company’s constitution Notice to registrar where company’s constitution altered by enactment Notice to registrar where. Note : These course notes are not meant to replace study texts. To succeed in your exam it is vital to practice as much as possible and so you should buy a current edition of a Revision kit from an ACCA approved publisher – they contain lots of exam standard questions (and ) to practice on. Being a mere creature of the law, it possesses only those properties which the character of its creation confers upon it either expressly or as incidental to its very existence. Only rarely will the law look behind a company and treat it as being the same person as those who control it.

This concept of a company as a separate legal personality has two consequences: A company’s property belongs to it and not to its directors, management or shareholders. The procedure of winding up differs according to the registration status of the company , i. COMPANY LAW SUMMARY. Financial instruments which evidence the existence of a debt between a borrower (issuer) and one or more lenders (noteholder (s)) and the promise by the issuer to repay the amounts outstanding under the loan notes to the noteholder (s). Also commonly known as loan stock, loan notes constitute a particular type of debt security called debentures.

This guidance explains which businesses will need to change their company registration. Wrongful trading under s. The topics included are: 1. Limited Liability and Corporate Separate Personality 3. Lifting the Corporate Veil (Statute) 5. Popular books for Arts, Humanities and Cultures. AQA A-level History D. BUSINESS LAW LECTURE NOTES. The law on credit notes versus refunds for cancelled holidays Legally, holiday companies must provide customers a refund on cancelled package holidays within days under the Package Travel Regulations.

But many of the UK’s biggest holiday providers are refusing or delaying cash refunds. While companies are treated by English law as being distinct legal persons, all of the activities of a company must necessarily be conducted through the medium of human beings. Contract law covers the formation of contractual relations, the requirements for enforceability, the rights of third parties, interpretation of contracts, vitiating factors and remedies.