LA0009 Company Law

Synopsis of Module

An introduction to Company Law, including: the characteristics of companies; the creation of companies; the management of companies; shares and capital; and insolvency.

Aims of Module

The module aims to:

1.	Enable students to develop an understanding of the principal concepts of Company Law and of the legal framework within which companies and the individuals involved with them currently operate

2.	Explore the application of Company Law

3.	Further develop skills of legal analysis and appraisal of legal concepts.

Learning Outcomes

The student should be able to:

•	explain the characteristics of the different types of companies

•	analyse the concepts and examine the practical significance of corporate personality and limited/unlimited liability

•	critically appraise how a company is managed and administered

•	demonstrate understanding of director's duties; shareholders rights and remedies; and the distinction between share capital and loan capital and be able to identify the rights attaching to each

•	examine the insolvency procedures which can apply to companies

•	apply relevant law to various factual scenarios.

Outline Syllabus

Different types of company

Corporate personality - lifting the veil of incorporation

Company formation

The company constitution

Company procedure : meetings and resolutions

Share and loan capital (including charges)

Directors, secretaries and auditors : their appointment and removal: their duties and powers

Minority protection

Insolvent companies : receivership, administration orders, voluntary arrangements, liquidation

Summative assessment

Assessment A: Examination

The weighting of this assessment is 100%