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Summary Accelerated LPC - Business Law and Practice (BLP) Consolidation Notes $13.79   Add to cart

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Summary Accelerated LPC - Business Law and Practice (BLP) Consolidation Notes

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Extensive Consolidation Notes for the entire Accelerated LPC BLP module, overall mark using these notes was 87%. **Available as part of a bundle with Business Accounts Notes for BLP

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  • January 1, 2021
  • 73
  • 2019/2020
  • Summary
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BLP Consolidation Notes
Marjun’s notes,
Procedure + No 1985 cos
Drafting – half a mark = 1 error
High probability 
Company law rules + reqs
 Procedure
 JV/SHA
 Acquisitions (all the way enjoyable)
 Finance + issuing shares – entering into debt!
 Insolvency
 PCR (financial services but not same level of detail)
Excluding – PESTLE/SWOT, filling in forms (but forms to glean info from), no drafting from scratch! No year-end adjustments
 No specific rules on public cos!
Exam technique
 State law, explain it if nec + Apply relevant facts
 Conclude / advise if asked to do so
 Stat – MA – Art – Clause refs [be specific]  only know Browne v La Trinidad; know principles of cases but don’t need to cite
 If one or 2 SH not in favour = need voting but if all agreed  DON’T WORRY ABOUT IT IN PROCEDURE PLAN
 Do analysis  likely before the procedure plan [no need to repeat analysis]
o Say ‘see above resolutions laid out above’ or sth
o When voting  don’t need to repeat resolution just say OR = >50%; SR 75% and quote statutes
o If all are agreed – say passed unanimously on show of hands as all agreed
o If adjourn – NQV – as before can be stated in exam
o PMMs – name of forms + statute references + time limit [no need to memorise form names]
 General procedure plan = see Top Red and Purple


If question specifically asks you not to use SHORT NOTICE PROCEDURE then do not use
PMM: when appointing secretary, AP03; Termination is TM02
The most common
form of business
structure




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