Essay About Company Law Act

Corporate law is the legal study of formation and operations of corporations and their continuing regulation during the procedures for dealing with their assets when they are terminated in liquidation. This discipline is closely related to commercial and contract law. If you decide to compose a company law essay assignment, you certainly have an idea that the laws vary from state to state. It becomes very difficult to come up with a well-researched company law essay assignment unless you have MyAssignmenthelp.com law experts to give you best possible company law essay assignment help.

Divisions of company law for company law essay assignment help

When you are writing a company law essay assignment, you must know that company law is categorized into two segments:

Our company law essay assignment experts define corporate governance as the study of the power relations among a corporation’s senior executives (its board of directors and those who elect them).

Our company law essay assignment writers explain that corporate finance deals with the area of finance related to sources of funding and capital structure of corporations. It also handles the actions that managers implement in order to enhance the value of the firm in front of the shareholders.

Company law essay assignment help for various forms of business organization

 

 

Definition

Advantages

Disadvantages

Related Laws

Sole Trader

The simplest legal form of business.

 

No legal filling requirements of fees and no professional advice is need to set it up.

 

It is controlled by a one person, does not need a complex organizational structure.

Not a particular useful business form for raising capital.

 

 

 

The profit of the business belongs to the sole trader but so do the losses.

Trade Descriptions Act 1972: deal with criminal offence knowingly making false or misleading claims.

Partnership

A very flexible legal business form.

No legal filing is involved in becoming a partnership.

 

 

Just two members and the partnership will be deemed a as legal partnership.

A partnership will end on the death of a partner.

 

 

 

The partners are jointly and severely liable for the debts of the partnership.

Partnership Act 1890: the oldest and most basic model

 

Limited Partnerships Act 1907:

Section 4(2), Section 6(1), Section 5 are involved under this act.

 

Limited Liability Partnerships Act 2000

Company

The company is formed by applying to the registrar of companies, providing a constitution, the names of the first directors and members and plus a small fee.

Have the ability to subdivide their capital into small amounts.

 

 

 

Limited liability also minimizes the risk for investors, and is said to encourage investment.

Forming a company and complying with company law is expensive and time consuming.

 

It also appears to be an inappropriately complex organizational form for small business.

The Companies Act 1956

 

 

 

 

The Companies Amendment Bill 2006

 

Pre-2006 Act system Registering a Company

 

Post 2006 Act System for Registering a Company

Company law essay assignment help on characteristics of a company

The company has many rights, obligations, powers and duties prescribed by law like human being. It is called a ‘person’. It possesses only the properties vested upon by its Memorandum of Association. However, you will get every facet regarding this topic in our company law essay assignment material.

Our company law essay assignment gives you proficient idea on corporate personality. It is defined by the fact that as far as the law is concerned, a company actually exists. By following this logic, a company can sue and be sued in its name, hold its property and be liable for its debt.

Our company law essay assignment experts describe that a shareholder is responsible to pay the balance, if any, due on the share held by him, when the shares are called upon to pay. He has to pay the price of the shares and nothing more even if the liabilities of the company exceed its assets.

An incorporated company never loses its existence expect in case of winding up as per law. Our company law essay assignment experts point out that being a separate legal person, a company remains unaffected by death and departure of any member. It remains the same entity despite the total change in membership.

The company is like a real person in which all the property is in its name. The company is responsible for controlling, managing, disposing of its property. Our company law essay assignment material primarily includes all valuable facts regarding separate property.

  • Transferability of shares

The capital of the company is formed on the foundation of small pieces called shares. The shares are movable property and subject to certain conditions that are freely transferable. Want to know more? Get company law essay assignment help now.

As a company has no real physical entity, it must work through its agents and all such contracts entered into by its agents must have the seal of the company. It is the official signature of a company. While writing a company law essay assignment, you definitely need expert help to accomplish the task.

Our company law essay assignment experts describe the contractual rights that are vested in the company as following:

  1. A shareholder cannot enforce a contract made by his company. He is neither a party to the contract nor entitled to the benefit of it.
  2. A shareholder can be sued on the contract made by his company.
  3. The distinct difference between an organization and its members is not bounded by the rules of privacy; it encompasses the whole law of contract.

Limitation of action

Our company law essay assignment material also highlights an important fact that the company has no right go beyond the powers mentioned in the Memorandum of Association that regulated the powers and fixed the issues related to the company.

If you need company law essay assignment help with this individual subject or sub-divisions of this subject, you can easily get in touch with our law experts who are capable of providing best possible company law essay assignment help.

Corporation law and its lifting in company law essay assignment material

Many students seek company law essay assignment help to understand the topic. Here our company law essay assignment experts give you brief description of the subject. For detailed knowledge, order our company law essay assignment material.

Veil lifting situations often present the judiciary with difficult choices as to where the loss should lie. The Companies Act, 1956 itself contains some provisions (provisions 45, 147, 212, 247 and 542) which lift the corporate veil to reach the real forces of action. It is a legal decision to treat the rights and duties of the corporation as the rights or liabilities of its shareholders. For example, let’s say a businessman has left his position. When leaving, he signed a contract not to compete with the company. If he sets up a company that competes against his former company, technically it would be a company, not the person competing. A court would say that the new company was just a ‘sham’ a ‘fraud’ and would still allow the old company to sue the man for breach the contract.

Company law essay assignment help on company laws all over the world

This is undeniable that various constitutions follow different sets of company laws. Here few of them are described by our company law essay assignment experts. This precise information can help to write good quality company law assignment. But assignments demand more in-depth knowledge and our professional writers are there to give you company law essay assignment help.

  1. Company law of USA

Corporate law in the United States is a gathering of over 51 different systems of corporate law (one law for each state plus the District of Columbia). The prior two sources of law are: the Model Business Corporation Act (MBCA), and drafted by the American Bar Association. Get comprehensive knowledge of articles and statutes of UK company law through company law essay assignment help.

Our company law essay assignment experts inform that a combination of state’s corporate law is developed by the courts and a corporation’s own articles of incorporation and bylaws determine how power is shared among the corporate actors (directors, shareholders, employees and other stakeholders). When you are writing a company law essay assignment, remember that various incorporators follow distinct corporate constitution and they can amend the laws according to their feasibility. But they have to comply with the minimum compulsory standards of the law.

  1. Different laws seek to protect the corporate stakeholders to different degrees. The most relevant law they can exercise is to either elect or remove them from the office.
  2. You will find Investment Rights in our company law essay assignment material that incorporates Investment Company Act of 1940, Investment Advisers Act of 1940 and Employee Retirement Income Security Act of 1974.

Through our company law essay assignment help, you will understand in United States of America, corporate finance involves Dodd- Frank Wall Street Reform and Consumer Protection Act, Securities Act of 1933, Securities Exchange Act of 1934, William Act and Investment Adviser Act of 1940 and many decrees and many more sections under these decrees. Our law experts are diligent to help you on the steps of company law essay assignment writing.

  1. Company law of UK

You will gain knowledge through our company law essay assignment material that United Kingdom company laws regulate corporation formed under the Company Act 2006. The company laws of UK are also governed by Insolvency Act 1986, the UK Corporate Governance Code, European Union Derivatives and court cases.

Our company law essay assignment experts point out that corporate governance deals with the balance of power of two basic organs of a UK company: the board of directors and general meetings.

  1. Our company law essay assignment experts inform the fact that similar to US constitution, UK stakeholders have the mandatory right to remove directors by a simple majority.
  2. Businesses are free in UK law to voluntarily grant employee participation rights as members in general meetings or right to select particular board of member, though orthodox companies do not do this.
  3. Directors are considered as the central authority in UK companies. The seven key duties are codified under the Companies Act 2006 sections 171 to 177.

Our company law essay assignment experts describe the decrees that are involved in the sole trader company law.

  1. Sales of Goods Act 1979: Impose that the goods one sells should be satisfactory in terms of quality.
  2. Supply Goods and Services Act 1982: Commits offer with reasonable care, price, skill, time and cost.
  3. Data Protection Act 1984: Directs to register the source, nature and purpose of any personal data.
  4. Consumer Protection Act 1987: Holds one liable if he sells faulty product causing damage and injury.
  5. Price Marking Order 1991: Makes it compulsory to put the price of goods offered for sale in writing.

You need to include the fact in your company law essay assignment writing that, in United Kingdom, corporate finance concerns the rights and duties of shareholders, employees and directors in terms of administration and accountability. Our company law essay assignment experts share their knowledge that the insolvency Act 1986 controls the creditors’ ability to sweep up all company assets as security, particularly through a floating charge. You can take company law essay assignment help for more comprehensive knowledge.

  1. Company law of Australia

Our company law essay assignment material do not overlook the fact that Australian corporate law is heavily borrowed from UK company law. The body of the company is formed with a single national statute, the Corporations Act 2001. You will find valuable information in our company law essay assignment material like the statute is enforced by a single national regulatory authority, the Australia Securities and Investments Commission.

Our company law essay assignment experts state that corporate governance is not only used as a matter of complying and explaining, but also taken into account while deciding the scopes of director’s duties.

  1. In company law essay assignment material, the Corporations Act 2001 offers shareholder one vote per share. Corporations listed on the Australian stock exchange deviate from one share, one vote.
  2. Under CA 2001 section, 249D directors must convene a meeting if members with over 5 percent of voting rights or at least 100 members request it in writing and stating the resolution they wish to be put.
  3. The rights of directors are subject to similar found in other jurisdictions, particularly in terms of loyalty and the duty of care. Directors have the prior right to act in the best interest of the company.

Why students need company law essay assignment help?

Company law assignment writing involves a vast discipline, mainly divided into two categories: corporate governance (concerning the various powers relations within a corporation) and corporate finance (related to the rules on how capital is used). So when you write a company law essay assignment, you need to incorporate all these aspects. It is tough to include all these information to produce a quality company law essay assignment. That’s why you need a company law essay assignment expert to help with the company law essay assignment material and research. This way only you can present a high-standard company law essay assignment in front of your professors.

How MyAssignmenthelp.com can help students in writing company law essay assignment?

MyAssignmenthelp.com is a well-known assignment help services for company law essay assignment help. The expert team of company law essay assignment professional tutors and writers at our company law essay assignment services provide a wide range of help with your assignment.

No matter you are college/university students or pursuing your research degree, our professional company law essay assignment writers are qualified to provide company law coursework help regardless any topic. We have sample solution exhibited online in order to provide you an idea of the company law essay assignment essentials. To get best company law essay assignment services, you don’t need to spend huge money. The reason is company law essay assignment services come at very inexpensive rates for the students.

Contact our company law essay assignment help customer support system to assist you with the order and free company law essay assignment quotes.

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