QUESTION ONE (a) In relation to formation of companies: (i) Explain four common law duties of a promoter. (4 marks) (ii) Discuss three rules that govern pre-incorporation contracts. (6 marks) (b) Summarise five ways in which a company might alter Read More …
Category: Company law revision kit questions
Company Law Revision Kit Questions September 2015
QUESTION ONE (a) (i) Explain the meaning of the term “promoter” in the context of company law. (2 marks) (ii) Discuss three duties of a promoter of a company. (6 marks) (b) Outline the contents of a prospectus issued in Read More …
Company Law Revision Kit Questions November 2015
QUESTION ONE (a) With respect to corporate insolvency: (i) Highlight three ways in which a liquidator’s powers might be terminated. (6 marks) (ii) Explain four contents of the official receiver’s report. (4 marks) (b) Sometimes a corporate entity works like Read More …
Company Law Revision Kit Questions May 2016
QUESTION ONE (a) Describe five grounds upon which a person might be disqualified from acting as a company’s director. (10 marks) (b) Sea Bubble Limited was amalgamated with Telta Limited to form Seashore Limited. Some employees of Sea Bubble Limited Read More …
Company Law Revision Kit questions November 2016
QUESTION ONE (a) With reference to classification of companies, explain the meaning of a “holding company” in relation to another company. (4 marks) (b) A company cannot on its own execute contracts. Describe three mechanisms provided the Companies Act Read More …
Company Law Revision Kit Questions May 2017
QUESTION ONE (a) Explain four distinctions between “co-operative societies” and “limited companies”. (4 marks) (b) Describe three circumstances under which the veil of incorporation of a company might be lifted under case law. (6 marks) (c) (i) Identify two instances Read More …
Company Law Revision Kit questions November 2017
QUESTION ONE (a) Jones Tiida is a director of Tenti Ltd., a manufacturing company which was established recently. He has approached you for advice on whether or not the company should appoint auditors in view of the need to save Read More …
Company Law Revision Kit questions May 2018
QUESTION ONE (a) With reference to formation of companies: (i) Explain the meaning of the term “articles of association”. (2 marks) (ii) Describe four effects of registration of the articles of association of a company. (4 marks) (iii) Outline the Read More …
Company Law Revision Kit questions November 2018
QUESTION ONE (a) On 1 September 2018, Peter Kioko decided to form a company under the name PK Ltd. Before the company was duly formed, Peter Kioko made a contract for the company in which PK Ltd. received a down Read More …
Company Law Revision Kit questions May 2019
QUESTION ONE (a) The shares of United Limited, a private company are held Jane, John and Alex. Jane and John hold 90% of the company’s shares. However, they feel that the company is in need of further capital but Read More …