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BLP Procedure Plans Cheat Sheet Summary $12.25
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  3. BPP University College Of Professional Studies Limited (BPP)
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  5. Accelerated LPC
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  7. Business Law and Practice

Summary

BLP Procedure Plans Cheat Sheet Summary
 387 views  6 purchases
  • Course
  • Business Law and Practice
  • Institution
  • BPP University College Of Professional Studies Limited (BPP)

This is specifically for the A&O Accelerated LPC. These notes got 92% on the Accelerated LPC. Top of the cohort. PS: Copyright owned by me - please think carefully before you pass notes on.

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Document information

  • April 4, 2020
  • 34
  • 2018/2019
  • Summary

Subjects

  • blp
  • business law and practice
  • accelerated lpc
  • bpp accelerated lpc
  • ao lpc
  • bpp

Written for

  • BPP University College Of Professional Studies Limited (BPP)
  • Accelerated LPC
  • Business Law and Practice
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BLP cheat sheet (procedure plans)
This is not including chapters – might come out for MCQ! And business accounts
PCR: FSMA (see SGS 19) and COI and client care letter (SGS1)
Add notes on which business medium (SGS 1)
Choice of company name advice (SGS 4)


I: Board Resolution 1
Calling the BR:
• Called by any director (MA 9(1))
• Giving reasonable notice (Browne v La Trinidad)
Requirements:
• Quorum: 2 (MA 11(2)) unless otherwise fixed
• Voting by majority (MA 7(1))
Agenda: Board resolutions
• To call GM (s302)
• To approve notice for calling the GM
o Notice period must be at least 14 clear days (s307(1) and s360(2))
o Notice must state time, date and place of meeting (s311(1)) and
o must state general nature of the business (s311(2))
o If SR, must specify that is to be passed by SR (s283(6)(a))
• Notice should be sent to
o Every member (s310(1)(a))
o Every director (s310(1)(b)) and
o Auditors (s502(2))
Note: if need matter to be dealt with quickly, consider:
[1] Written Resolution (check s288 – 297)
• Termination of Ds and auditors cannot be done by WR (s288(2))
Then Agenda: Board resolutions:

BR1: To propose written resolution (s288(3)(a))

BR2: Instruct company secretary that WR must be sent to every eligible member (s291(2))

BR3: To approve form of WR
• Special resolution is not SR unless was designated as such (s283(3)(a))
• Resolution must be accompanied by instructions to the shareholders as to how to vote
(s291(4)(a)) and
• Must identify the lapse date (s291(4)(b)) which
o Is the period specified in the AoA (s297(1)(a)) or within 28 days beginning with
circulation date (s297(1)(b))
o And agreement on WR is ineffective after this date (s297(2))

BM I is then adjourned

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