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
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
1
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