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Prepare a constitution

Assignment Help Business Law and Ethics
Reference no: EM13831648 , Length: word count:2000

Part 1:

Register a Proprietary Limited Company. You should refer to Section 117 of the Corporations Act, complete an application form and prepare all relevant consents.

You must have a share register for each class of shares - refer to section 169.

Prepare a constitution; see Section 134 & 135 so that your company's internal management is governed by a combination of replaceable rules ( NB DO NOT REPRODUCE THE REPLACEABLE RULES IN YOUR ASSIGNEMENT) and a constitution. The constitution should make a provision for a class of preference shares -refer to section 254A (2) of the Corp. Act

PART 2:

Explain the reason and justification for the following sections of the Corporations Act :- Section 254M (1); Section 124; and Section 232. Your explanation of each of the section carries 5 marks - total 15% WORD LIMIT - 200 words per explain.

Reference no: EM13831648

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