The aims of this module are to provide the student with a knowledge and understanding of Company Law and an introduction to Partnership Law. This knowledge and understanding will enable the student to liaise effectively with legal advisers, limit the legal exposure of the business and conduct business through, and with, partnerships and companies. As law is an ongoing and dynamic subject the syllabus content will be expanded or modified, as the case may be, to reflect developments in the law set out in this module.
Company Incorporation
Corporate personality and lifting the corporate veil. Formation and types of companies. Constitution and capacity. European company. Comparison between company, partnership and sole trader. Registration of business name.
Directors and Secretary
Appointment and removal of directors. Directors' duties and authority. Appointment and removal of secretary. Duties and authority of secretary. Restriction and disqualification. Director of Corporate Enforcement.
Shares, Debentures and Security
Types of shares and debentures. Market abuse. Charges and effect of security. Appointment, powers and duties of receivers.
Liquidations
Voluntary and court liquidations. Appointment, powers and duties of liquidators. Fraudulent and reckless trading. Unfair preference.
Court protections
Appointment, powers and duties of examiner. Effect of protection. Scheme of arrangement and approval by the court. Examiner's remuneration, costs and expenses.
Partnership Law
Nature and Formation of Partnership. Powers and duties of Partners. Contracts with partnerships. Dissolution of Partnerships.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Other Assessment(s) | 30 |
| Formal Examination | 70 |