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Company Law > company's act > Flashcards

company's act Flashcards

1
Q

CA section 7 Hint: MFC

A

method of forming company

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2
Q

CA section 8 HINT: MOA

A

memorandum of association

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3
Q

CA section 9 HINT: RD

A

Registration documents

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4
Q

CA section 10 Hint: SOCAIS

A

statement of capital and initial shareholdings

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5
Q

CA section 12 HINT:SOPO

A

statement of proposed officers

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6
Q

CA section 13 HINT:SOC

A

statement of compliance

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7
Q

incorporation section 14 HINT:R

A

registration of companies

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8
Q

incorporation - section 15 HINT: ICOI

A

issue certificate of incorporation

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9
Q

incorporation - section 16 HINT: EOR

A

effect of registration

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10
Q

CA section 33 HINT: BPOTC

A

binding power of the constitution

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11
Q

CA section 21 HINT:ATA

A

amending the articles

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12
Q

CA section 22 HINT:EPOTA

A

entrenchment provision of the articles

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13
Q

CA section 162 HINT:D

A

directors

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14
Q

CA section 870

A

a charge must be registered within 21 days of its creation

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15
Q

CA 2006 section 869

A

registrar will issue a certification of registration

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16
Q

CA section 40

A

directors can bind the company by their acts without personal liability

17
Q

CA section 171

A

directors must act in accordance with company’s constitution

18
Q

CA section 172

A

a duty to promote the success of the company

19
Q

CA section 173

A

a duty to exercise independent judgement

20
Q

CA section 174

A

a duty to exercise reasonable skill, care and diligence

21
Q

CA section 175

A

a duty to avoid conflict of interest

22
Q

CA section 176

A

a duty not to accept benefits from 3rd parties

23
Q

CA section 177

A

a duty to declare an interest in any proposed transaction with the company

24
Q

CA section 393

A

the accounts should give true and fair view

Company Law (2 decks)

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