Helpdesk: WhatsApp: 0736552548 Email: info@kenyaplex.com

BBM 4101 Company Law Notes

Institution: Mount Kenya University

Course: Bachelor of Business Management

Content Category: Lecture Notes

Posted By: Geniuslife

Document Type: PDF

Number of Pages: 177

Price: KES 100
 
    

Views: 1030     Downloads: 24

Summary

Course Content

The company as a form of business organization
• Meaning of company
• Classification of companies
• Registration procedures
• Effect of registration
• Meaning of incorporation
• Practical consequences of registration
• Disadvantages of incorporation
• Lifting the corporate veil

Memorandum of association
• Meaning and importance
• The purposes of memorandum
• The contents of memorandum
• The alteration of the memorandum
• Doctrine of ultra vires

Articles of association
• Meaning of articles of association
• The contents of articles of association
• Alteration of articles of association
• The constructive notice of memorandum and articles
• The doctrine of indoor management
• The rule royal brutish bank v turquand
• The exceptions to the doctrine of indoor management

The promoters

• Meaning of promoters
• The functions of promoters.
• Legal status of a promoter
• Fiduciary position of a promoter
• Duty of promoter as regards prospectus
• Remuneration of promoters
• Pre – incorporation or preliminary contracts
• Position of promoters as regards pre – incorporation contracts
• Ratification of a pre-incorporation contract

Prospectus
• Meaning of prospectus
• Purpose of a prospectus
• The form and contents of a prospectus
• The report to be set out in prospectus

Flotations
• Meaning of floatation
• The methods of public issue

Distribution of company’s powers
• The directors? powers
• How the board meetings are conducted
• The role of the chairman in a company
• The delegation of directors? powers
• Powers, remuneration and removal of the managing director
• The qualifications ,legal status and liabilities of the company secretary
• The directors vis members in general meetings


The law of meeting
• The meaning of meeting
• Importance of company meetings
• Classification of company meetings
• The requisites of a valid meeting

share capital
• Meaning of share capital
• Types of types of share capital
• Classes of shares
• Meaning of stocks
• Alteration of capital
• Variation of shareholders rights

Majority rights and minority protection

• Meaning of majority power
• Meaning of the principle of majority rule
• Protection of minority shareholders or exception to the rules in Foss-v- Harbottle

Accounts and auditors
• Requirements of what should be captured by the books of account
• The various financial statements that should be presented to the shareholders
• The manner of presentation of group accounts to the shareholders
• In the manner of appointment ,remuneration and disqualification of the auditors

Investigation of a company’s affairs
• Explain the process of investigation into a company?s affairs
• Explain the process of investigation of company?s membership
• Explain the alternative power of registrar in matters of company investigation

winding-up
• The meaning of winding up
• The process of winding up by the court
• The process of voluntary winding up
• The process of creditors? voluntary winding up
• The process of winding up subject to supervision

companies and the stock exchange
• The reasons for listing in the stock exchange
• The major benefits of listing at the stock exchange
• The Nairobi stock exchange market segments
• Listing requirements at the Nairobi stock exchange general eligibility requirements for public offering of shares and listing
• The responsibilities of a listed institution
• The role of the capital markets authority


Below is the document preview. Purchase to access the complete document.

  • 8147_4.jpg
  • 8147_5.jpg
  • 8147_6.jpg
  • 8147_7.jpg
........

This is the end of this document preview. Buy to download the complete document.


More Resources


  • AEM 203 Agroecology II Notes

    AEM 203 Agroecology II Notes University of Embu Bachelor of science in management of agro-ecosystems and environment Brief overview: Basic Concepts 1. Ecosystem: A piece of earth containing...

    Price: KES :  1000

     
  • ISC 207 Management Information Systems Notes

    Full notes on management of information systems. Get the full notes here Brief Overview: System Concept A system is an organized, purposeful structure regarded as a whole and consisting of...

    Price: KES :  200

     
  • BASS 301: Religion and Science in East Africa Notes 2016/2017

    Scientific methods of study and research Brief Overview: INTRODUCTION The following section attempts to explain the relationship between religion and science. It starts by explaining the...

    Price: KES :  400

     
  • AEM 203 Agroecology Notes: Interaction between agriculture, global environment and social systems

    The notes comprises origin of agriculture, the global food system and its influences on environment and its mitigation measures 2.0 INTERACTION BETWEEN AGRICULTURE, GLOBAL ENVIRONMENT AND SOCIAL...

    Price: KES :  1000

     
  • Laboratory Manual on the Determination of Electrical Conductivity and Salinity of Water

    This is a laboratory manual on the determination of electrical conductivity and salinity of water Experiment: Determination of the conductivity and salinity of water Introduction Conductivity is a...

    Price: KES :  500

     
  • Kenyatta University EMP 201: Curriculum Development Notes

    Document Length: 9 pages. The notes are all about curriculum Implementation and Teacher education, the definition of Curriculum Implementation, Strategies for Curriculum Implementation, Agencies of...

    Price: KES :  150

     
  • Internet and Networking Revision Notes: Module III diploma in ICT

    These are revision questions and answers for module III diploma in ICT. They are very understandable Q&A for exam preparation. DATA COMMUNICATION AND NETWORKS 1. Define the term Computer...

    Price: KES :  200

     
  • TPR 202 Ethics/Introduction to Ethics Notes

    These are the ethics notes from a researched background and they help one understand about social science. Please read and at the end of it you will benefit, am sure. TPR 202 ETHICS/ INTRODUCTION...

    Price: KES :  150

     
  • Sociology Notes: Scope of Sociology

    Sociological theory: A theory refers to a statement of general principles which try to explain the nature of things. A sociological theory is, therefore, a branch of sociology that attempts to...

    Price: KES :  200

     
  • BLM 3312: Logistics Management Notes

    Content covered in this document: - Definition of Logistics - Types of Logistics;inbound,outbound and reverse logistics - Diagrammatic representation of different types of...

    Price: KES :  100

     
  • BBM 3324: Insurance Risk Management Notes

    [ENVIRONMENTAL RESOURCE MANAGEMENT]ERM Challenges 1. Assessing ERM’s Value 2. Privilege 3. Defining Risk 4. Risk Assessment Methods 5. Qualitative Versus Quantitative risks 6. Time Horizon 7....

    Price: KES :  100

     
  • SCS 2113: Management Information System Notes

    Management information system MIS levels in organization Functions of MIS MANAGEMENT INFORMATION SYSTEM_2 STRUCTURE What does a management information system look like? What does a management...

    Price: KES :  200

     
  • Conflict of Laws With Regard to Marriage

    Introduction According to Fawcett, private international law (Conflict of Laws) is that part of domestic law which comes into operation whenever the court is faced with a claim that contains...

    Price: KES :  1500

     
  • CLS 401: Professional Ethics Notes

    Notes on Professional Ethics and practice for Law students, neatly summarized for easier reading and understanding. Each topic is outlined clearly. The notes cover most topics taught in professional...

    Price: KES :  2000

     
  • ENTR 032: Introduction to Entrepreneurship

    An entrepreneur is someone who conceives an idea, creates a path to success, does whatever it takes to succeed and tries to dominate their market since they're willing to risk almost everything to...

    Price: KES :  100

     
  • EMA 412: Economics and Planning of Education Notes 4th year

    These are lectures note for EMA412:ECONOMICS AND PLANING OF EDUCATION for 4th year for education students. Brief Overview: Educational Planning Is a conscious and deliberate Government effort...

    Price: KES :  300

     
  • EMA 411: Educational Management and Administration Notes

    These are lecture notes of EMA 411.EDUCATIONAL MANAGEMENT AND ADMINISTRATION for 4th year students for teaching and reading. Brief Overview: Organization – refers to the structure and...

    Price: KES :  200

     
  • AEC 418: Project Appraisal and Evaluation - Introduction to Project Appraisal Notes

    Content: This is an introduction to project appraisal and evaluation. 1. Introduction A project appraisal should entail the following: 1) A presentation and discussion of the socio-economic...

    Price: KES :  300

     
  • AEC 418: Project Appraisal and Evaluation - Financial Appraisal Notes

    This is a well illustrated topic about financial appraisal in the course project appraisal and evaluation. This topic has the following subtopics: (i) Total investments costs (ii) Fixed...

    Price: KES :  50

     
  • ABA 431: Business Research Methods for Business Management Notes 4th Year

    BUSINESS RESEARCH METHODS FOR BUSINESS MANAGEMENT for 4th year for education students .The notes can be used for teaching and learning. Brief Overview: 1.1 MEANING OF RESEARCH Research refers...

    Price: KES :  300

     
  • BEC 3400: Economics of Public Policy Notes

    These notes gives the full detail of economics of public policy which is taught to students in fourth year who take bachelor of science in economics. The notes are well summarized and in a simple and...

    Price: KES :  200

     
  • Diploma in Clinical Medicine and Surgery Cims 0336: Medicine 2 Notes

    This are notes for medicine 2,they can be used for teaching in clinical medicine and surgery Brief overview: RISK FACTORS Malnutrition and conditions with IS such as HIV LBW Large population...

    Price: KES :  99

     
  • ENS 2100: Urbanization and environment Notes (One Sub-topic)

    This contains only one sub-topic about the environment and urbanization well written and summarized Brief Overview: URBANIZATION AND ENVIRONMENT. In this paper we are going to discuss the...

    Price: KES :  10

     
  • Professional Theory and Practice

    This work gives the definition, history, concepts, nature, the empirical formulation, value & ethics, practice model, perspectives and practical interventions of behavioral theory. It gives clear...

    Price: KES :  200

     
  • AEC 418 Project Appraisal and Evaluation - Economic Analysis of Projects

    This is a topic about economic analysis of projects. it is an important topic in project appraisal and evaluation. It has the following sub topics (i) conversion of markets to accounting prices (ii)...

    Price: KES :  200

     
  • AEC 418 Project Appraisal and Evaluation - Risk Assessment of Projects

    This document is about the topic 'Risk assessment of projects'. Assessment of projects is a very important thing in project evaluation. The following are the key subtopics which are highlighted. (i)...

    Price: KES :  100

     
  • EPY 110: Maseno University Introduction to Educational Psychology Notes

    This is full notes for the students taking Education.Introduction to psychology comes in simple and easy to understand notes placed in point form. All the theories are described in a simple way and...

    Price: KES :  50

     
  • Applied Stochastic processes: Branching Process Notes

    The notes are based on discrete branching process and provides a deeper understanding of the probability distributions of each population generation and introduces the concept of probability of...

    Price: KES :  100

     
  • Maseno University UCI 101: Foundations of Information Technology Notes

    These are full notes for the unit of Foundation of information technology UCI 101 Maseno University. Brief overview: DEFINITION OF TERMS Information and Communication Technologies...

    Price: KES :  60

     
  • BSC 3321: Network System Integration and Maintenance Notes 2nd Year (4 Pages)

    This is a 4 page document. Brief Overview: 1. NETWORK SYSTEM INTEGRATION Is a process of bringing together the component subsystems into one system and ensuring that the subsystems function...

    Price: KES :  100

     

More Content By Geniuslife


  • BFM 313: Banking Laws and Practice Notes

    BANKING LAWS & PRACTICE COURSE CONTENT Banker Customer Relationship - The meaning of a banking - The meaning of banking business - Banker customer relationship defined - Rights and duties...

    Price: KES :  100

     
  • BBM 215 Financial Management I Notes

    Purpose: The Financial Management course, in particular, exposes the student to the nature, scope and role of financial management in business and in an economy. The course further seeks to equip the...

    Price: KES :  100

     
  • BLA 1112: Kenyan Literature Notes

    PHASES OF KENYAN LITERATURE RELATING TO HISTORY OF KENYA Nature of Kenyan Literature and the modes of presentation Overview of the issues the writers addressed. THE EPIC Epic as a literary...

    Price: KES :  100

     
  • BBM 4201 Ethics and Social Responsibility Notes

    Meaning of ethics and relationship with other disciplines Contemporary ethical issues Lively sense of human virtues The rights and duties of employees and employees Capital punishment Alcoholism...

    Price: KES :  100

     
  • BLA 4214: Poetry Notes

    CONTENT Introduction to poetry The study of the creative use of language in poetry Generic sub –categories of poetry- metered poem -Free verse - The sonnet -Oral poetry Regional study of...

    Price: KES :  100

     
  • BLA 3116 Drama Notes

    COURSE CONTENT DRAMA - History of Western/European drama - Classical Athenian drama - Roman drama - Medieval - Elizabethan and Jacobean - Modern and postmodern TRAGEDY IN...

    Price: KES :  100

     
  • BET 3205 Subject Methods in Religious Education Notes

    COURSE CONTENT Aims and objectives of Religious Education: Place of religious Education in secondary school curriculum; Dimensions of Religious Education Syllabuses; Schemes of work and lesson plans...

    Price: KES :  100

     
  • BLA 3129 Kiswahili Theatre Arts and Drama Notes

    YALIYOMO THEATRE ARTS AND DRAMA MAENDELEO YA SANAA YA UIGIZAJI TAMTHILIA NA DRAMA RIWAYA NA DRAMA SIFA ZA RIWAYA NA AINA ZA RIWAYA UHUSIANO BAINA YA RIWAYA NA DRAMA UANISHAJI WA...

    Price: KES :  100

     
View all resources