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CA/CS/CP31: COMPANY LAW

Description

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GENERAL OBJECTIVE

This paper is intended to equip the candidate with knowledge, skills and attitudes that will enable him/her to apply and comply with the provisions of company law in relevant circumstances and environments.

LEARNING OUTCOMES

A candidate who passes this paper should be able to:

Apply legal principles relating to formation of companies

Evaluate the rights and obligations of members and shareholders

Comply with the legal principles governing liquidation of corporates and restructuring

Comply with the legal principles relating to companies incorporated outside Kenya

Ensure books of account are prepared in compliance with the statutory requirements

Weekly Course Recap Zoom Session

What Will I Learn?

  • Legal principles relating to companies
  • Rights and obligations of members and shareholders
  • Legal principles on liquidation of corporates and restructuring
  • Legal principles on companies incorporated outside Kenya
  • Statutory requirements

Topics for this course

85 Lessons90h

NATURE AND CLASSIFICATION OF COMPANIES?

Nature and characteristics of a company Types of companies Principle of legal personality and veil of incorporation Distinction between companies and other forms of business associations, sole proprietorships, partnerships and cooperative societies.
Principle of legal personality and veil of incorporation
Distinction between companies and other forms of business associations, sole proprietorships, partnerships and cooperative societies.

FORMATION OF COMPANIES?

Promoters and pre-incorporation contracts Process of forming a company Memorandum and articles of association Certificate of incorporation Effects of incorporation

MEMBERSHIP OF A COMPANY?

Acquisition of membership Register of members Rights and liabilities of members Cessation of membership

SHARES?

Classes of shares Variation of class rights Share certificates Issue and allotment Transfer and transmission Transfer of shares under central depository system Mortgaging and charging of shares

SHARE CAPITAL?

Meaning and types of share capital Raising of share capital Prospectus/information memorandum Maintenance of capital Alteration of capital Dividends

DEBT CAPITAL?

Borrowing powers of a company Debentures Charges Registration of charges Remedies for debenture holders

COMPANY MEETINGS?

Nature and classification of company meetings Essentials of a valid meeting Voting Resolutions

DIRECTORS?

Qualifications, appointment and disqualification Powers and duties of directors Removal and vacation of office Register of directors Remuneration of directors Loans to directors Compensation for loss of office Disclosure of director’s interest in contracts The rule in Turquand’s case/Indoor Management rule Insider dealing

THE COMPANY SECRETARY?

Qualification, appointment and removal Powers and duties of the company secretary Liability of the company secretary Register of secretaries

AUDITORS?

Qualification, appointment and removal Remuneration of auditors Powers and duties Rights and liabilities

COMPANY ACCOUNTS, AUDIT AND INVESTIGATION?

Books of accounts Form and content of accounts Group accounts Director’s report Auditor’s report Annual returns Investigation of company affairs Appointment and powers of inspectors Inspector’s report

CORPORATE RESTRUCTURING?

Need for restructuring Mergers, Post merger reorganisation Takeovers and acquisitions Schemes of arrangement and compromises Reconstruction

RECEIVERSHIP AND LIQUIDATION OF COMPANIES?

Meaning of receivership Appointment and vacation of office Powers and duties of a receiver Termination of receivership Meaning of liquidation Types of liquidation Appointment, powers and duties of liquidators Discharge of liquidators Distribution of assets and dissolution of companies

COMPANIES INCORPORATED OUTSIDE THE COUNTRY?

Process of registering a company Certificate of registration Power to hold land Registration of charges Accounts of foreign companies Service of process and notices on foreign companies Returns Penalties Cessation of business

EMERGING ISSUES AND TRENDS

About the instructors

Dr. Wandera has over 13 years experience teaching in public universities, colleges and training in various corporates and businesses on business related issues. He has a PhD in Strategic Management, an MBA in Strategic Management and an undergraduate degree in Business Management (Accounting and Finance Option). He is also a CPA (K) and a CHRP (K).
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GlobopointConsultantsLtd

e-Learning Training and Consultation

 

Globopoint Consultants Limited is a fully registered Research, Training, and Consultancy firm based in Mombasa Kenya serving the entire East African region and beyond. The company is geared towards building professionals, entrepreneurs, growing businesses, and fostering sustainable economic development.

Globopoint Learning center is a fully accredited institution run by Globopoint Consultants Limited to specifically nurture modern-day professionals in the business field in an easy, practical, and convenient way.

4.87 (46 ratings)

158 Courses

1504 students

KSh1,000.00

Material Includes

  • Regularly updated online notes
  • Handouts
  • Zoom sessions
  • Video Clips & Recordings
  • KASNEB Past Papers Questions and Answers
  • Case Studies

Requirements

  • PASS in PART 1 KASNEB examination
  • Such other Qualifications as may be approved by KASNEB.

Target Audience

  • CPA Section 3 Students
  • CS Section 3 Students
  • CCP Section 3 Students
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