CHECK THESE SAMPLES OF Company Act 1985
s a director, she is liable to the rest of the shareholders by making the company act against its objects.... The paper "Rights and Liabilities of Companies" discusses that the company can thus be said to have breached consumer and environmental protection laws.... Since the ownership of the brewing company was transferred from Real Ale to Big Brew, the company bears several rights and liabilities.... As such, it was a legal mistake when as a director, Grace decided to produce larger and test it using the consumers of the company....
10 Pages
(2500 words)
Essay
ccording to the section 349(4) of the Company Act 1985, if any person of the company or acting on behalf of the company signs any instrument like a bill of exchange or cheque in which, the name of the corporation is not stated or mentioned, then the person is held liable to pay any amount to the holder of the instrument.... The companies in the UK are primarily governed under the company act 2006, which was recently amended in 2009.... ifting the Corporate veil is one of the sections or contents of the UK company law that falls under the Companies act 2006....
12 Pages
(3000 words)
Essay
According to the previous law that was in force recently, Company Act 1985 required the directors to appoint the secretary, determine the remuneration and remove the secretary from office (Davies, 2010).... According to Section 14 of the companies act 1985, the registered memorandum of association and articles of association bind members and the company and are assumed to have been signed and sealed by each member thus all members must observe the provisions of the covenant (Grier, Griffin and Capper, 1998)....
5 Pages
(1250 words)
Essay
The act contains 11 titles.... The act contains 11 titles.... Scenario 1 which tries to establish whether a chief financial officer(CFO) or the CEO is liable certify report that contain misrepresentation can be explained by title III of the Sarbanes Oxley act (SOX).... It is for a fact that Sarbanes Oxley act is applicable in many activities of the firm.... McGraw-Hill, 2003 James Hamilton, Ted Trautmann,Sarbanes, Oxley Manual: A Handbook for the act and SEC Rules, CCH Incorporated, 2008 Question A Uniform commercial code Uniform commercial code was first enacted in 1952 and aimed at harmonizing sales law in the United States of America....
4 Pages
(1000 words)
Essay
Divisional court and court of appeal in this case while deciding the liability of Promoters under section 38 of the Companies act, 1867, described 'promoter' as a person who i) undertakes to form a company concerning given project ii) sets the company going, iii) takes the necessary steps to accomplish the purpose.... The court said (a) The promoters stand in a fiduciary position, (b) the creation and molding of the company are in their hands, (c) they are vested with powers of defining (i) how the company starts its existence (ii) when it starts (iii) in what shape it starts (iv) under what supervision it shall start and act as a trading corporation....
7 Pages
(1750 words)
Case Study
The company act, 1985 and 2006 tries to fulfill that demand.... The company act, 1985 and 2006 tries to fulfill that demand.... In the act of 1985, the definition has not been changed.... The same definition contains in section 741(1) of the 1985 Act.... The author also examines whether the Companies act 2006 makes any improvements to the rights of transferees who have been refused registration for membership....
9 Pages
(2250 words)
Assignment
Under company act-1985 section- 263 and under company act-2006 section – 540 to section 564 the UK companies have a wider variety of capital intensifying.... It is clear from the paper that the fraction capital of a company raised by the subscription, ordinary shares, and preference shares is called Share capital.... A particular proportion of a company's Capital gather by means of a loan is called Loan Capital.... Companies may have raise capital provided by the founder's savings in which case things are relatively Straightforward more usually a company will obtain its capital through a loan from a bank or other institution or from the general public....
13 Pages
(3250 words)
Coursework
However, two versions of the Company Act, namely Company Act 1985 and Company Act 2006 offer varied rights and obligations for shareholders as explained below.... However, two versions of the Company Act, namely Company Act 1985 and Company Act 2006 offer varied rights and obligations for shareholders as explained below.... Section 459 of Company Act 1985 provides shareholders with the following rights and obligations.... In the United Kingdom, the company act contains all these rules and regulations for companies established in the United Kingdom and Northern Ireland....
10 Pages
(2500 words)
Research Paper