Question Tag: Company Incorporation

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BL – Nov 2015 – L2 – SB – Q2a – Company Law

List and explain four documents required for the incorporation of a company.

Any two or more persons may form and incorporate a company by complying with the requirements of the Companies and Allied Matters Act.

Required:

Briefly explain FOUR documents required to be filed with the Corporate Affairs Commission for the incorporation of a company.
(10 Marks)

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BCL – Nov 2018 – L1 – Q6a – Types of Capital and the Financing of Companies

Explain three main effects of the incorporation of a company under the Companies Act.

Explain THREE (3) main effects of incorporation of a company under the Companies Act 1963 (Act 179).

(9 marks)

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BCL – Dec2022 – Q4b – Alternative forms and constitutions of business organisations

Discuss the requirements for incorporating a company and the implications of unpaid shares.

Lucy Kondomire and Adele Amaney have been engaged in the formation of a private company limited by shares to engage in a curtain business. They are very eager to win a contract to supply the new Parliament House with 3,000 yards of curtains as part of a planned refurbishment of the Chamber of Parliament. They are optimistic of being awarded the contract in view of the President’s campaign to promote locally produced and manufactured goods. They have already proposed the name of the company to be “Nyamenehene Curtains Plaza.” The company is to be registered with 1,000,000 ordinary shares of no-par value and fully subscribed 600,000 and 400,000 shares respectively. In view of this, they have approached you as a Consultant to take over the process of incorporating their company as quickly as possible to enable them to win the contract. They have expressed their desire to pay any fee possible if the process is completed within five days.

Required:
i) State EIGHT (8) requirements for the incorporation of a company to Lucy Kondomire and Adele Amaney. (6 marks)
ii) If it turned out later that Adele Amaney did not pay fully for the shares she subscribed to, and have not been issued with a share certificate, what would be the implication of this occurrence? (4 marks)

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BL – Nov 2015 – L2 – SB – Q2a – Company Law

List and explain four documents required for the incorporation of a company.

Any two or more persons may form and incorporate a company by complying with the requirements of the Companies and Allied Matters Act.

Required:

Briefly explain FOUR documents required to be filed with the Corporate Affairs Commission for the incorporation of a company.
(10 Marks)

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You're reporting an error for "BL – Nov 2015 – L2 – SB – Q2a – Company Law"

BCL – Nov 2018 – L1 – Q6a – Types of Capital and the Financing of Companies

Explain three main effects of the incorporation of a company under the Companies Act.

Explain THREE (3) main effects of incorporation of a company under the Companies Act 1963 (Act 179).

(9 marks)

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You're reporting an error for "BCL – Nov 2018 – L1 – Q6a – Types of Capital and the Financing of Companies"

BCL – Dec2022 – Q4b – Alternative forms and constitutions of business organisations

Discuss the requirements for incorporating a company and the implications of unpaid shares.

Lucy Kondomire and Adele Amaney have been engaged in the formation of a private company limited by shares to engage in a curtain business. They are very eager to win a contract to supply the new Parliament House with 3,000 yards of curtains as part of a planned refurbishment of the Chamber of Parliament. They are optimistic of being awarded the contract in view of the President’s campaign to promote locally produced and manufactured goods. They have already proposed the name of the company to be “Nyamenehene Curtains Plaza.” The company is to be registered with 1,000,000 ordinary shares of no-par value and fully subscribed 600,000 and 400,000 shares respectively. In view of this, they have approached you as a Consultant to take over the process of incorporating their company as quickly as possible to enable them to win the contract. They have expressed their desire to pay any fee possible if the process is completed within five days.

Required:
i) State EIGHT (8) requirements for the incorporation of a company to Lucy Kondomire and Adele Amaney. (6 marks)
ii) If it turned out later that Adele Amaney did not pay fully for the shares she subscribed to, and have not been issued with a share certificate, what would be the implication of this occurrence? (4 marks)

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