assignment part 1 15 marks register a no liability company note section 117 1 and 2 4466383

ASSIGNMENT – PART 1 15 MARKS REGISTER A NO LIABILITY COMPANY — NOTE SECTION 117(1) and (2) AND FORM 201 — DO NOT FORGET THE VARIOUS CONSENTS. THE COMPANY’S INTERNAL MANAGEMENT RULES MUST BE THE REPLACEABLE RULES — NOTE SECTIONS 134 and 135 BUT THE COMPANY MUST ALSO HAVE A CONSTITUTION WHICH COMPLIES WITH SECTION 112(1) and (2) ( NL CO.) THE CONSTITUTION MUST ALSO CREATE A CLASS REDEEMABLE PREFERENCE SHARES — NOTE SECTIONS 254A(2) and (3) PART 2 15 MARKS WORD LIMIT 400 WORDS RESEARCH THE MAINTENANCE OF CAPITAL DOCTRINE – YOU MUST RESEARCH THE HISTORY OF THE DOCTRINE ( SUPPORT YOUR RESEARCH WITH CASE ANALYSIS)– EXPLAIN THE BENEFITS OF THE DOCTRINE AND FINALLY RESEARCH AND EXPLAIN THE EXCEPTIONS TO THE DOCTRINE. NOTE SECTIONS 256B, 257B, 260A and 259A

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