Demonstrate an understanding of the regulation governing the allotment of shares including the duties placed on directors in this regard and an ability to apply this understanding.
In this assignment would like you to add the following:
DO THE WHOLE OF QUESTION 1 AND THE WHOLE OF QUESTION 5.
– Distinguish between the various types of unincorporated business organisations.
– Explain the doctrine of corporate personality and understand the implication thereof on the liability of directors/shareholders.
– Understand and evaluate the jurisprudential basis for piercing the corporate veil, including in corporate groups;
Critically evaluate the effect of case law on veil-piercing on various stakeholders, including voluntary and involuntary creditors, shareholders, directors, and members of the public.
-Analyse the contractual nature of the Articles of Association. Understand the constraints on alteration of the Articles.
a)Understand the functions of the board of directors in Company Law and Corporate Governance.
b) Understand the distribution of power and authority between the board and the general meeting.
c) Explain the appointment, tenure, remuneration and removal of directors.
d) Demonstrate an understanding of the basis of disqualification from office in general and a critical awareness of the effectiveness of the relevant statutory provisions in dealing with delinquent directors.
a) Demonstrate an understanding of the nature of shares;
b) Demonstrate an understanding of the regulation governing the allotment of shares including the duties placed on directors in this regard and an ability to apply this understanding;