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Business Law and Practice - Company Constitution, Exams of Commercial Law

Information on the Company Constitution in Business Law and Practice. It covers various sections of the Companies Act 2006, including the requirement for a company to have articles, the power of articles, the ability to change a company name, firing a director, and more. The document also explains the Model Articles and how they come into play if no articles are registered. It is a useful resource for students studying Business Law and Practice or anyone interested in understanding the legal requirements for company constitutions.

Typology: Exams

2023/2024

Available from 01/30/2024

johnNice
johnNice 🇺🇸

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LPC - Business Law and Practice -
Company Constitution.Most Recent
Update 2024.
1. s18 (CA '06) - ANS>A company must have articles and register them (else
the Model articles are in force).
2. s20 (CA '06) - ANS>If no articles are registered, the Model Articles are the
comapny articles.
3. s22 (CA '06) - ANS>You can entranch articles, only on formation or on
unanimous agreement thereto.
4. A court can always change entrenched articles
5. s28 1 (CA '06) - ANS>Memorandum provisions (made before the Act)
become articles
6. s31 (CA '06) - ANS>(1) Unrestricted objects by default
7. (2) Must register any change in object
8. s33 (CA '06) - ANS>The articles have the power of a covenant made by the
company and/ or its members
9. s77 (CA '06) - ANS>(1) Company can change its name by (a) special
reolution or (b) any other means allowed by articles.
10.[(2) there are other ways the State can change a co. name]
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LPC - Business Law and Practice -

Company Constitution.Most Recent

Update 2024.

  1. s18 (CA '06) - ANS> A company must have articles and register them (else the Model articles are in force).
  2. s20 (CA '06) - ANS> If no articles are registered, the Model Articles are the comapny articles.
  3. s22 (CA '06) - ANS> You can entranch articles, only on formation or on unanimous agreement thereto.
  4. A court can always change entrenched articles
  5. s28 1 (CA '06) - ANS> Memorandum provisions (made before the Act) become articles
  6. s31 (CA '06) - ANS> (1) Unrestricted objects by default
  7. (2) Must register any change in object
  8. s33 (CA '06) - ANS> The articles have the power of a covenant made by the company and/ or its members
  9. s77 (CA '06) - ANS> (1) Company can change its name by (a) special reolution or (b) any other means allowed by articles. 10.[(2) there are other ways the State can change a co. name]

11.s79 (CA '06) - ANS> Where company articles allow a name change other than by special resolution, the accopanying notifivcation to the registrar has to make that clear 12.s168(1) (CA '06) - ANS> A company can fire a director, subject to any other agreement between it and him 13.s270 (CA '06) - ANS> A private comapny doesn't need a secretary 14.s300 (CA '06) - ANS> You can't use the Articles to prevent a written resolution from having the power of an ordinary resolution 15.s307 (CA '06) - ANS> (1) General meeting requiers 14 clear days notice 16.... 17.(3) Articles can make this notice period longer 18.(4) Short notice is possible 19.(5) Rules fro short notice (majority of members, 90%+ votes etc.) 20.s318 (CA '06) - ANS> GM Quorum (1) Quorum of a single-member comapny = (2) Quorum of any other company =2 unless changed by articles 21.s360 (CA '06) - ANS> The clear day rule section 22.MA 3 - ANS> Directors general authority 23.Directors have all powers of the company 24.MA 5 - ANS> Director delegation

(2) bankrupt 31.... 32.(f) resignation 33.MA 38 - ANS> Must have quorum at GM to make decisions 34.MA 39 - ANS> The Chair (1) Any chairman chairs the GM (2) If no willing chair, must appoint one before AoB 35.MA 42 - ANS> Voting at a GM is on a show of hands unless a poll is demanded 36.s21 (CA '06) - ANS> A company may amend its articles by special resolution.