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The assignment has 2 parts
Part 1 - Register a proprietary ltd company. The internal management of the company is to be governed by a combination of replaceable rules and a constitution - NB sections 134 and 135.
The company is to have a class of ordinary shares and a class of redeemable preference shares nb sections 254a (2) and (3)
Part 2 - Explain why the following sections are in the corp. act you are required to explain the historical back ground and reason for their inclusion in the corp. act, don't just copy the sections as your answer
(1) Section 198a - word limit 200 words
(2) Section 191 - word limit 200 words
(3) Section 250r (2)&(3) word limit 200 words
In this assignment there is no word limit for part 1 of the assignment. Students are asked to register a company not write an essay on how to register a company therefore you must complete an application form - section 117(1) and 117(2), you must create a constitution as requested. Don’t Google constitution and cut & paste -- read and understand sections 134, 135, 254a(2) &(3).
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