Company Law Master Essay

Masters
Essay
Law
Pages 8 (2008 words)
Download 0
Company law includes the body of legal rules relating to the creation, management, financing and operation of companies. These rules have developed to protect investors, maintain confidence in the market and attempt to ensure that fairness is achieved for the various stakeholders connected to a company…

Introduction

for over 20 years.
Generally the company law recognizes two types of persons, namely natural which id confined to human beings and secondly artificial persons which refers anything other than the human being which the law recognizes as having duties and rights. Scholars have constantly explored the issue on the recognition of corporation/company as a "legal person" (Farrar, (1991) (1) A company, when legally speaking, is an association of a number of individuals for the purpose of carrying on some legitimate business i.e. entity for profit which may be a corporation, a partnership, association or individual proprietorship. It is the name given to the body of legal rules relating to the creation, management, financing and operation of companies.
The various status of companies, like separate legal entity, limited liability etc has been contributed a number of recognition for English law, by which a company as well as its members possess some rights and liabilities.
organizations such as religious orders and local authorities which were granted rights by the government to hold property and sue and be sued in their own right and not to have to rely on the rights of the members behind the organization. Later on this concept began to apply to commercial ventures with a public interest element such as rail building ventures
Farrar (Co ...
Download paper
Not exactly what you need?

Related papers

Company Law
Thus the shareholder in a proprietorship company is an individual, the partnership depending upon the number of persons who constitute the partnership and private company (corporation) the number of shareholders who promote and subscribe to the shareholding of that organization. By its nature, conducts of a business obligates its owners to discharge their liabilities to the creditors in the…
Contract Law Master Essay
A contract of sale meanwhile is a contract where one party called the vendor or seller obligates himself to transfer the ownership of and to deliver a determinate thing, while the other party called the vendee or buyer obligates himself to pay for the said thing a price certain in money or its equivalent. In the case at bar, there are two issues involved i.e. whether there is an employment…
Company Law Master Case Study
The address of such place will have to be intimated to the Registrar of companies and Madona can find the address of the place from the registrar in case such a regulation has been made in this respect.…
Tort Law Master Essay
There are four inherent elements to this negligence. These elements include the notion that there is a duty to exhibit a reasonable amount of care when dealing with another individual, the breach of that duty, the notion that the breach of that duty caused physical harm to another individual and finally, the breach did in fact cause harm from a legal standpoint. In order to examine the police…
Company Law Master Essay
for over 20 years.…
Constitutional Law Master Essay
There is no technical difference between ordinary statutes and law considered "constitutional law." Therefore the Parliament of the United Kingdom can perform "constitutional reform" simply by passing Acts of Parliament and thus has the power to change any written or unwritten element of the constitution. The constitution is based on the concept of all sovereignty ultimately belonging to…
Corporate law Master Essay
To de Tocqueville, that is a burden of democracy. Limitless influence is dangerous because utter control is the origin of oppression. If a people are mistreated, the only place to turn is the majority.…