Introduction to company law

Core company law and corporate governance overlap to the extent that a large part of core company law is a body of rules and principles establishing how and by whom corporate decisions may lawfully be made or are legally required to be made. We cover the lifetime of the company , its legal obligations and its day to day business. All delegates arrive at a similar level, and no prior knowledge is assumed. The concept of ‘Company ’ or ‘Corporation’ in business is not new but was dealt with, in 4th century BC.

The five core features of company law - separate legal personality, limited liability, centralized management, shareholder control, and transferability of shares. Meaning of a Company. When setting up a business , one of the most important considerations is what form that business should take.

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.

Characteristics of a Company 1. Separate Legal Entity – A company can sue and be sue it has the right to own and transfer the title to property as. Limited Liability – A. The book analyses the mechanisms through which the law provides an organisational structure for the conduct of business. CA dilip badlani 9views. It is our hope that this text makes your learning path easier to navigate. It examines the role and function of a legal system by considering why laws develop, how laws are create interpreted and applied and the role that law plays in regulating and administering justice within a society.

This text is for you. Corporate law (also known as business law or enterprise law or sometimes company law ) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations. The functions of the core features of company law are clearly examined.

Randall’s business law students edite update and revised the chapters contained in this textbook. They are also responsible for the visual depictions of the material. Definition of Business Law Business law encompasses all of the laws that dictate how to form and run a business. One Share-One Vote:The principle of. A public company must have at.

In this course, the educator discusses what is law and what do we mean by a company. Director to a company and the protections the law offers to minority shareholders and finally look at end of the life of a company (winding up etc.) as well as considering the end of partnerships. The course will be beneficial for Company Secretaries.

Offered by University of London. The common law of England and Wales is one of the major global legal traditions. Company Law INTRODUCTION A Company is very easily legally defined.

You’ll learn about the different ways in which laws are made and interprete the English court system and the increasing. These basic principles underlie much of what follows in this book. But it is important to remember they are principles of company law.

In the field of tax in particular, many inroads have been made by both statute and the courts that allow the authorities to look behind company structures at who really owns and controls the entity. Celebrated for their conceptual clarity, titles in the Clarendon Law Series offer concise, accessible overviews of major fields of law and legal thought. Many students who study the Law , find it difficult to connect all of the pieces together. On completion of this module students will have: 1. Even in those areas of the Act which are essentially restatements of the existing law the wording has often been amended and there are usually small detailed changes that are easily overlooked.

An organization of individuals conducting a commercial or industrial enterprise. A corporation, partnership, association, or joint stock company.