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Limited liability and Legal personality.
Kavungya answered the question on April 15, 2021 at 19:39
- Dissolution is the final stage of liquidation. After a company's affairs are "wound-up," a liquidator calls a final meeting of the members and/or creditors.Explain how...(Solved)
Dissolution is the final stage of liquidation. After a company's affairs are "wound-up," a liquidator calls a final meeting of the members and/or creditors.Explain how winding up and dissolution takes place.
Date posted: April 15, 2019. Answers (1)
- Explain the applicable methods used in issuing of shares to the public.(Solved)
Explain the applicable methods used in issuing of shares to the public.
Date posted: April 15, 2019. Answers (1)
- Explain the difference between underwriters and brokers.(Solved)
Explain the difference between underwriters and brokers.
Date posted: April 15, 2019. Answers (1)
- Define and explain the functions of promoters.(Solved)
Define and explain the functions of promoters.
Date posted: April 15, 2019. Answers (1)
- State the main features of a prospectus(Solved)
State the main features of a prospectus.
Date posted: April 15, 2019. Answers (1)
- Explain the meaning and importance of articles of association of company.(Solved)
Explain the meaning and importance of articles of association of company.
Date posted: April 15, 2019. Answers (1)
- Explain the meaning and significance of the memorandum of association. (Solved)
Explain the meaning and significance of the memorandum of association.
Date posted: April 15, 2019. Answers (1)
- Explain consequences of registration of a company. (Solved)
Explain consequences of registration of a company.
Date posted: April 15, 2019. Answers (1)
- Explain how a limited company is registered in Kenya(Solved)
Explain how a limited company is registered in Kenya
Date posted: April 15, 2019. Answers (1)
- Explain meaning, functions and the differences between holding company and subsidiary company.(Solved)
Explain meaning, functions and the differences between holding company and subsidiary company.
Date posted: April 15, 2019. Answers (1)
- What is an unlimited company?(Solved)
What is an unlimited company?
Date posted: April 15, 2019. Answers (1)
- What are companies limited by guarantee?(Solved)
What are companies limited by guarantee?
Date posted: April 15, 2019. Answers (1)
- What are companies limited by shares?(Solved)
What are companies limited by shares?
Date posted: April 15, 2019. Answers (1)
- What is meant by the term Declaration of Compliance?(Solved)
What is meant by the term Declaration of Compliance?
Date posted: April 15, 2019. Answers (1)
- Explain how the Capital Authority can ensure:
(i) faster growth and development of the Nairobi Stock Exchange...(Solved)
Explain how the Capital Authority can ensure:
(i) faster growth and development of the Nairobi Stock Exchange or Stock Exchange in your country.
(ii) development of other stock exchanges in Kenya or in your country
Date posted: February 7, 2019. Answers (1)
- What economic advantages are created by the existence of:
(i) Primary markets.
(ii) Secondary markets
(iii) Portfolio management firms. (Solved)
What economic advantages are created by the existence of:
(i) Primary markets.
(ii) Secondary markets
(iii) Portfolio management firms.
Date posted: February 7, 2019. Answers (1)
- Mwinzi, a holder of shares in Hewa Airways Company Limited deposited his share certificate with a broker, Otieno. Otieno forged Mwinzi's signature on the share...(Solved)
Mwinzi, a holder of shares in Hewa Airways Company Limited deposited his share certificate with a broker, Otieno. Otieno forged Mwinzi's signature on the share certificate and transferred the shares to Kuria. When the share certificate and the transfer document were presented to the company for registration, the secretary wrote to Mwinzi advising him of the transfer. Mwinzi did not reply to this letter and Kuria was registered as the new shareholder. Kuria then transferred the shares to Wafula who was registered as the shareholder and a new certificate was issued.
Explain the effect of the forgery.
Date posted: February 7, 2019. Answers (1)
- Enumerate the sequence of events to be followed by a shareholder who intends to
transfer his shares to another person.(Solved)
Enumerate the sequence of events to be followed by a shareholder who intends to
transfer his shares to another person.
Date posted: February 7, 2019. Answers (1)
- Meshack was recently appointed an accountant of Economy Departmental Store, a public limited company.
The company intends to issue shares to the public. Meshack seeks...(Solved)
Meshack was recently appointed an accountant of Economy Departmental Store, a public limited company.
The company intends to issue shares to the public. Meshack seeks your ad
vice on whether there are any restrictions imposed by the Companies Act upon allotment of such shares.
Advise Meshack.
Date posted: February 7, 2019. Answers (1)
- In relation to allotment of shares in a company, discuss the legal position in each of the following situations:
(i) Sarah applied for 4,000...(Solved)
In relation to allotment of shares in a company, discuss the legal position in each of the following situations:
(i) Sarah applied for 4,000 shares in a public company known as ABC Ltd. She was allotted only 2,000 shares. She intends to sue the company.
Advise Sarah.
Date posted: February 7, 2019. Answers (1)