BUS200 LAW OF BUSINESS ORGANISATIONS : Fountain Essays

Questions:

REGISTER A PROPRIETARY COMPANY –

Read Sections 117,134,135, 169.


The internal management of the company is to governed by the Replaceable Rules.

You are required to create a constitution making a class of NON VOTING SHARES 254A(2)

 
Answers:

THE CONSTITUTION

Part 1

Definitions

The definitions provided hereby are applicable within this constitution if it has not been otherwise mentioned through the documents.

  • CA- Corporation Act 2001
  • Dividend- concluding and Provisional dividend
  • Directors- Any person who acts or has been appointed as the director of the company
  • ASIC- The Australian Securities and Investment Commission
  • Present members- individuals or body corporate present in a meeting
  • Constitution- This Constitution
  • Prescribed rate- Base rate and the Charged interest by bank
  • Seal- The common seal of the organization with which it executes documents
  • Preference Rate- the rate which is depicted through the share certificate in relation to preference shares

Part 2

Interpretation of words within the constitution  

In case any words within the constitution is highlighted or is in any other format it is only done for the purpose of bringing attention to the word and it does not alter the meaning of the phrase or the word unless it has been expressly stated.

Part 3

Common provisions in the constitution

The company will not indulge in any activity which is not in compliance of the CA and expressly under the provisions of section 117 the total members of the company would not be at any time more than 50. In addition the company will not indulge in any public fund raising activity.

Part 4

Share issue

The constitution provides supreme power to the directors of the company in relation to the issue of shares which is in compliance of legal provisions.

The directors through the virtue of such power may issue any form of security or share in compliance to legal provisions.

 

Part 5

 Different classes of shares issued by the company

During the incorporation the company is only going to issue class A shares which would not have any right to vote. However through the virtue of part 4 the directors have the right to issue shares in the future.

Part 6

 Replaceable rules

Although the company has a constitution the aspects which are not covered by it would be governed totally by the replaceable rules under section 136 of the CA.

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Order your essay today and save 25% with the discount code: COCONUTPlace Order
+