Dec 17th
2:30-5pm
- 100 points, closed book
- 20 multiple choice questions, each worth 2 points
- Short response - 6 options, pick 3 - each worth 20 points
- Material in the slides
- No need to cover things in the textbook and not in the slides
- Cover things that are in overlap
- Slide 15 - understanding liability for a company and its shareholders
- Unlimited vs Limited liability
- Similar to first written assignment
1. Nature of Company
2. Company formation - promoter, and promoter liability
3. Articles of association
4. Company groups - holdings, subsidiaries
5. Companies registry and its functions
6. Raising capital
a. Different types of share capital, share classes
b. Characteristics of preferred shares
c. Participation, liquidation
d. Variation of share class rights
e. Appeal
f. Rights issues, private placements, IPOs, Prospectus
7. Share sales
a. 4 ways to become a shareholder
b. Register of members/shareholder registry
c. Importance of rights being preserved
8. Debentures
a. What are they and characteristics
b. What is security/secure creditor
c. Mortgage, charge, fixed charge, floating charge
d. Crystalisation
e. Priority of charges
i. Subordination agreements
ii. Reserving priority
9. Directors
a. Company secretary
b. Executive + non executive + independent non executive directors
c. Duties of directors
d. How do you appoint a director/director’s qualifications
2:30-5pm
- 100 points, closed book
- 20 multiple choice questions, each worth 2 points
- Short response - 6 options, pick 3 - each worth 20 points
- Material in the slides
- No need to cover things in the textbook and not in the slides
- Cover things that are in overlap
- Slide 15 - understanding liability for a company and its shareholders
- Unlimited vs Limited liability
- Similar to first written assignment
1. Nature of Company
2. Company formation - promoter, and promoter liability
3. Articles of association
4. Company groups - holdings, subsidiaries
5. Companies registry and its functions
6. Raising capital
a. Different types of share capital, share classes
b. Characteristics of preferred shares
c. Participation, liquidation
d. Variation of share class rights
e. Appeal
f. Rights issues, private placements, IPOs, Prospectus
7. Share sales
a. 4 ways to become a shareholder
b. Register of members/shareholder registry
c. Importance of rights being preserved
8. Debentures
a. What are they and characteristics
b. What is security/secure creditor
c. Mortgage, charge, fixed charge, floating charge
d. Crystalisation
e. Priority of charges
i. Subordination agreements
ii. Reserving priority
9. Directors
a. Company secretary
b. Executive + non executive + independent non executive directors
c. Duties of directors
d. How do you appoint a director/director’s qualifications
