Public Company – NBC Institute

BL – Nov 2022 – L1 – SB – Q1c – Company Law

Listing the items contained in a statutory report submitted by a public company.

Question

The directors of a public company are required to submit a statutory report within a specified period to every member before the date of the statutory meeting.

Required:
State six items contained in the statutory report.

Answer

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Tags: Company Law, Public Company, Statutory Report
Level: Level 1

Topic: Company Law
Series: NOV 2022

BL – May 2021 – L1 – SB – Q3a – Company Law

Characteristics of private and public companies in Nigeria.

Question

The Companies and Allied Matters Act classifies companies broadly into ‘private company’ and ‘public company.’

Required:
State FOUR characteristics each of a private company and a public company respectively.

Answer

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Tags: Corporate Characteristics, Private Company, Public Company
Level: Level 1

Topic: Company Law
Series: MAY 2021

BL – Nov 2023 – L1 – SB – Q2c – Company Law

Identifies the attributes of a public company and a small company under the CAMA.

Question

There are different types of companies with varying attributes.
Required:
i. State FOUR attributes of a public company. (4 Marks)
ii. State FOUR attributes of a small company. (4 Marks)

Answer

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Tags: Business Law, Company Law, Public Company, Small Company
Level: Level 1

Topic: Company Law
Series: NOV 2023

BL – May 2023 – L1 – SB – Q3D – Company Law

Identify the persons who can petition the court for the winding up of a public company.

Question

A public company may be wound up by order of court.

Required:
State FOUR persons that could petition the court for the winding up of a public company.

Answer

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Tags: Company Law, Legal Proceedings, Public Company, Winding-up
Level: Level 1

Topic: Company Law
Series: MAY 2023

May 2024 – L1 – SB – Q4b – Company Law

This question addresses the steps and reasons for rejecting a share transfer in a public company.

Question

b. Gabriel is a shareholder in Zee Zee Company Plc. He desires to transfer his shares to his son who has just graduated from the Nigerian Law School as a sign of his appreciation of his excellent performance in the Bar Final examination.

Required:
i. Advise Gabriel on his competence to transfer his shares to his son. (2 Marks)
ii. Which legal step must Gabriel take to transfer the shares? (2 Marks)
iii. State TWO reasons for which Zee Zee Company Plc may reject the transfer of Gabriel’s shares to his son. (4 Marks)

Answer

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Tags: Corporate Law, Public Company, Share Transfer, Shareholder, Transfer Rejection
Level: Level 1

Topic: Company Law
Series: MAY 2024

BL – May 2015 – L1 – SA – Q5 – Company Law

Identify the time frame for a public company to hold its statutory meeting after incorporation.

Question

Within what period after incorporation is a public company required to hold its Statutory Meeting?
A. 1 month
B. 3 months
C. 6 months
D. 12 months
E. 18 months

Answer

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Tags: Company Law, Public Company, Statutory Meeting
Level: Level 1

Topic: Company Law
Series: MAY 2015

BCL – May 2017 – L1 – Q4a – Types of Companies and Their Legal Structure

Explain the different types of companies under the Companies Act, 1963 (Act 179).

Question

a) Explain the types of companies known to you under the Companies Act, 1963 (Act 179). (12 marks)

Answer

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Tags: Companies Act, Company Law, Limited Liability, Public Company, Types of Companies
Level: Level 1

Topic: Types of capital and the financing of companies
Series: MAY 2017

BMIS – April 2022 – L1 – Q1b – The business organisation and its stakeholders

Explain what a public limited liability company is and discuss two features of a private limited liability company.

Question

Nkaagi, your long-time family friend who is an Engineer by profession, recently took over as the Chief Executive Officer of Wakawaka Investment Ltd, a company listed on the Ghana Stock Exchange. He has on several occasions complained about the many legal requirements they have had to contend with and has now approached you for advice on the benefits to be derived from converting a public limited liability company into a private limited liability company.

Required:
i) Explain what a public limited liability company means to Nkaagi. (4 marks)
ii) Explain TWO (2) features of a private limited liability company. (6 marks)

Answer

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Tags: Capital, Legal Structure, Private Company, Public Company, Shareholder Rights
Level: Level 1

Topic: The Business Organisation and its Stakeholders
Series: APR 2022

BL – Nov 2022 – L1 – SB – Q1c – Company Law

Listing the items contained in a statutory report submitted by a public company.

Question

The directors of a public company are required to submit a statutory report within a specified period to every member before the date of the statutory meeting.

Required:
State six items contained in the statutory report.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Public Company, Statutory Report
Level: Level 1

Topic: Company Law
Series: NOV 2022

BL – May 2021 – L1 – SB – Q3a – Company Law

Characteristics of private and public companies in Nigeria.

Question

The Companies and Allied Matters Act classifies companies broadly into ‘private company’ and ‘public company.’

Required:
State FOUR characteristics each of a private company and a public company respectively.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Corporate Characteristics, Private Company, Public Company
Level: Level 1

Topic: Company Law
Series: MAY 2021

BL – Nov 2023 – L1 – SB – Q2c – Company Law

Identifies the attributes of a public company and a small company under the CAMA.

Question

There are different types of companies with varying attributes.
Required:
i. State FOUR attributes of a public company. (4 Marks)
ii. State FOUR attributes of a small company. (4 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Law, Company Law, Public Company, Small Company
Level: Level 1

Topic: Company Law
Series: NOV 2023

BL – May 2023 – L1 – SB – Q3D – Company Law

Identify the persons who can petition the court for the winding up of a public company.

Question

A public company may be wound up by order of court.

Required:
State FOUR persons that could petition the court for the winding up of a public company.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Legal Proceedings, Public Company, Winding-up
Level: Level 1

Topic: Company Law
Series: MAY 2023

May 2024 – L1 – SB – Q4b – Company Law

This question addresses the steps and reasons for rejecting a share transfer in a public company.

Question

Answer

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Tags: Corporate Law, Public Company, Share Transfer, Shareholder, Transfer Rejection
Level: Level 1

Topic: Company Law
Series: MAY 2024

BL – May 2015 – L1 – SA – Q5 – Company Law

Identify the time frame for a public company to hold its statutory meeting after incorporation.

Question

Within what period after incorporation is a public company required to hold its Statutory Meeting?
A. 1 month
B. 3 months
C. 6 months
D. 12 months
E. 18 months

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Public Company, Statutory Meeting
Level: Level 1

Topic: Company Law
Series: MAY 2015

BCL – May 2017 – L1 – Q4a – Types of Companies and Their Legal Structure

Explain the different types of companies under the Companies Act, 1963 (Act 179).

Question

a) Explain the types of companies known to you under the Companies Act, 1963 (Act 179). (12 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Companies Act, Company Law, Limited Liability, Public Company, Types of Companies
Level: Level 1

Topic: Types of capital and the financing of companies
Series: MAY 2017

BMIS – April 2022 – L1 – Q1b – The business organisation and its stakeholders

Explain what a public limited liability company is and discuss two features of a private limited liability company.

Question

Required:
i) Explain what a public limited liability company means to Nkaagi. (4 marks)
ii) Explain TWO (2) features of a private limited liability company. (6 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Capital, Legal Structure, Private Company, Public Company, Shareholder Rights
Level: Level 1

Topic: The Business Organisation and its Stakeholders
Series: APR 2022

Question Tag: Public Company

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BL – Nov 2022 – L1 – SB – Q1c – Company Law

Listing the items contained in a statutory report submitted by a public company.

You're reporting an error for "BL – Nov 2022 – L1 – SB – Q1c – Company Law"

BL – May 2021 – L1 – SB – Q3a – Company Law

Characteristics of private and public companies in Nigeria.

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BL – Nov 2023 – L1 – SB – Q2c – Company Law

Identifies the attributes of a public company and a small company under the CAMA.

You're reporting an error for "BL – Nov 2023 – L1 – SB – Q2c – Company Law"

BL – May 2023 – L1 – SB – Q3D – Company Law

Identify the persons who can petition the court for the winding up of a public company.

You're reporting an error for "BL – May 2023 – L1 – SB – Q3D – Company Law"

May 2024 – L1 – SB – Q4b – Company Law

This question addresses the steps and reasons for rejecting a share transfer in a public company.

You're reporting an error for "May 2024 – L1 – SB – Q4b – Company Law"

BL – May 2015 – L1 – SA – Q5 – Company Law

Identify the time frame for a public company to hold its statutory meeting after incorporation.

You're reporting an error for "BL – May 2015 – L1 – SA – Q5 – Company Law"

BCL – May 2017 – L1 – Q4a – Types of Companies and Their Legal Structure

Explain the different types of companies under the Companies Act, 1963 (Act 179).

You're reporting an error for "BCL – May 2017 – L1 – Q4a – Types of Companies and Their Legal Structure"

BMIS – April 2022 – L1 – Q1b – The business organisation and its stakeholders

Explain what a public limited liability company is and discuss two features of a private limited liability company.

You're reporting an error for "BMIS – April 2022 – L1 – Q1b – The business organisation and its stakeholders"

BL – Nov 2022 – L1 – SB – Q1c – Company Law

Listing the items contained in a statutory report submitted by a public company.

You're reporting an error for "BL – Nov 2022 – L1 – SB – Q1c – Company Law"

BL – May 2021 – L1 – SB – Q3a – Company Law

Characteristics of private and public companies in Nigeria.

You're reporting an error for "BL – May 2021 – L1 – SB – Q3a – Company Law"

BL – Nov 2023 – L1 – SB – Q2c – Company Law

Identifies the attributes of a public company and a small company under the CAMA.

You're reporting an error for "BL – Nov 2023 – L1 – SB – Q2c – Company Law"

BL – May 2023 – L1 – SB – Q3D – Company Law

Identify the persons who can petition the court for the winding up of a public company.

You're reporting an error for "BL – May 2023 – L1 – SB – Q3D – Company Law"

May 2024 – L1 – SB – Q4b – Company Law

This question addresses the steps and reasons for rejecting a share transfer in a public company.

You're reporting an error for "May 2024 – L1 – SB – Q4b – Company Law"

BL – May 2015 – L1 – SA – Q5 – Company Law

Identify the time frame for a public company to hold its statutory meeting after incorporation.

You're reporting an error for "BL – May 2015 – L1 – SA – Q5 – Company Law"

BCL – May 2017 – L1 – Q4a – Types of Companies and Their Legal Structure

Explain the different types of companies under the Companies Act, 1963 (Act 179).

You're reporting an error for "BCL – May 2017 – L1 – Q4a – Types of Companies and Their Legal Structure"

BMIS – April 2022 – L1 – Q1b – The business organisation and its stakeholders

Explain what a public limited liability company is and discuss two features of a private limited liability company.

You're reporting an error for "BMIS – April 2022 – L1 – Q1b – The business organisation and its stakeholders"

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