Professional Documents
Culture Documents
IMPORTANT: Your assignment will not be accepted without the FRONT SHEET.
Campus: Stream:
Level: PCL-1 Year/Semester
Module Name: Business & Company Law Assignment Type: Module Assignment
Student’s Name: Assessor’s Name:
Issued on: Reqd. Submission Date:
Actual Submission
Submitted to :
Date:
Higher Level Skills
Students are expected to develop the following skills in this assignment:
• Cognitive skills of critical thinking, analysis and synthesis.
• Effective use of communication and information technology for business applications.
• Effective self-management in terms of planning, motivation, initiative and enterprise.
Q1. What is a Memorandum of Association? What are its contents? When and how can it be altered?
Q3. Six out of the seven signatures to the Memorandum of Association of a company were forged.
The Memorandum was duly presented, registered and a certificate of incorporation was issued.
Can the existence of the company be subsequently attacked on the ground that the registration
was void? Decide.
CASE STUDY
The majority shareholders in a company had contracted to make and lay a submarine telegraph
cable for the company, but found that it was more advantageous to do the work for another
person and caused the company to abandon the contract. Menier-a minority shareholder sued the
company
Questions:
Q1. Examine the Menier case and what can be the probable outcome?
Q2. Explain the balance between majority powers and minority rights?
Q3. Examine the Rule in Foss vs. Harbottle and its exceptions?