Lml 4806 - Study guides, Class notes & Summaries

COMPANY LAW NOTES: SHAREHOLDERS AND COMPANY MEETINGS: A company acts through its members in the general meeting, its directors and its employee’s. S66 (1): The day-to-day running of the company is the responsibility of the directors, (executive directors’), which has the authority to exercise all of the powers and functions of the company, except to the extent that the Act or memo of incorporation provide otherwise. Many NB decisions of the directors may have to be approved by the sh...

Department of Mercantile Law-LML 4806-company law-study guide.

LML4806 PAST EXAM PACK ANSWERS (2020 - 2014) & 2020 BRIEF NOTES

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lml4806-past-exam-pack-answers-2020-2014-en-2020-brief-notes.

1.1 Exclusive Properties (Pty) Ltd (the company) has four shareholders, each holding 25% of the voting rights in the company. All of the shareholders are also directors of the company. The Memorandum of Incorporation of the company has not changed the default position in terms of the Companies Act...

CONTAINS LML4806 ASSIGNMENT 2 ANSWERS YEAR 2021

2020 Company Law Semester 1 Department of Mercantile Law

MAY JUNE 2021 unanswered QUESTION 1 [20] 1.1 TMT Group Limited will be holding its tenth annual general meeting (AGM) next month. The board of directors is concerned that it will not be possible to hold a traditional venue-based AGM where the directors, board committee members, auditors, shareholders and shareholder proxies can all attend in person and participate at the meeting. This is due to the evolving COVID-19 outbreak and the related measures to prevent its spread, including the requi...

COMPANY LAW (LML 4806) ASSIGNMENT 1 2021 The importance of a quorum is to establish the minimum number of persons whose presence at a meeting is required before any valid business is transacted. A shareholders’ meeting may not commence until sufficient persons are present to exercise, in aggregate, at least 25% of the voting rights in respect of at least one matter to be decided in a meeting.1 Furthermore, a matter to be decided on may not begin to be considered unless sufficient persons...