LML4806 - COMPANY LAW EXAM PACK 2023
Beat Exam Stress
Get Exam ready with this Compilation of Tutorial letters from 2014 to 2023
Questions and Answers with page references and sources.
Passing Company law was never this easy.
lml4806 company law exam pack 2023 a compilation of tutorial letters from 2014 to 2023
Written for
University of South Africa (Unisa)
LML4806 - Company Law (LML4806)
All documents for this subject (180)
2
reviews
By: mororisengconfidence • 2 months ago
I'm happy with the results
By: dicksonmasitwa • 1 year ago
Seller
Follow
cameciacass
Reviews received
Content preview
COMPANY LAW
LML4806
2023
EXAM PACK
Compiled by
Camecia Cass
BUY ME TO VIEW THE REST OF THE ANSWER
, LML4806/201/1/2023
Tutorial Letter 201/1/2023
Company Law
Semester 1
Department of Mercantile Law
This tutorial letter contains important information
about your module.
BARCODE
, LML4806/201/1/2023
CONTENTS
Page
1 FEEDBACK ON ASSIGNMENT 01................................................................................................ 3
2 FEEDBACK ON ASSIGNMENT 02................................................................................................ 7
2 CONCEPT EXAMINATION QUESTIONS FOR PURPOSES OF REVISION .............................. 10
2 FEEDBACK ON THE CONCEPT EXAMINATION QUESTIONS ................................................ 13
3 GENERAL COMMENTS REGARDING THE EXAMINATION ..................................................... 21
2
, LML4806/201/1/2023
Dear Student
The aim of this tutorial letter is to provide you with guidelines to answering Assignment 01 and
Assignment 02 as well as the concept examination questions for revision purposes. These
guidelines are not model answers. You should also consult the relevant sections of the
Companies Act 71 of 2008, the study guide and the prescribed textbook to which you are referred
for further details. Note that the concept exam questions merely serve as examples of how
questions are asked in the examination. In order to pass this module, you should study all the
prescribed work.
1 FEEDBACK ON ASSIGNMENT 01
QUESTION 1
Musa, Amos, Sipho and Jimmy are directors of Khubo Limited. Jimmy was appointed as an
executive director of Khubo Limited three years ago under a five-year contract of employment
with the company. Musa has expressed his concerns to the board of directors that for the past
two financial years Jimmy has been failing to ensure the timely preparation and submission of the
company’s annual financial statements, and that Jimmy omitted to sign the annual financial
statements for the previous financial year as the authorised director, as required. Musa has also
informed the board of directors that, after joining Khubo Limited, Jimmy was removed as
chairperson of the board of trustees of the JF Pension Fund after he forged some documents and
withdrew R2 million from the JF Pension Fund’s bank account for his personal use. Advise Jimmy
on the following:
1.1 Whether under the circumstances of this case the board of directors of Khubo Limited will
have valid grounds to remove him (Jimmy) as a director of the company. (6)
FEEDBACK
The key issue in this question relates to the grounds for the removal of a director by the board
of directors.
The relevant statutory provisions/principles:
3
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller cameciacass. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.78. You're not tied to anything after your purchase.
