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Law of Business Organisations
Transaction Assignment:
Length: 2000 + word response
Register a Proprietary Limited Company. You should refer to Section 117 of the Corporations Act, complete an application form, Form 201, and prepare all relevant consents.
You must have a share register for each class of shares - refer to section 169.
Prepare a constitution; see Section 134 & 135 so that your company's internal management is governed by a combination of replaceable rules (NB DO NOT REPRODUCE THE REPLACEABLE RULES IN YOUR ASSIGNEMENT) and a constitution. The constitution should make a provision for a class of preference shares -refer to section 254A (2) of the Corp. Act
THIS IS AN INDIVIDULE ASSIGNMENT.
PART 2 15%
Explain the reason and justification for the following sections of the Corporations Act :- Section 236 & 237, Section 124; and Section 232. Your explanation of each of the section carries 5 marks - total 15% WORD LIMIT - 200 words per explain.
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