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Company law is a practical and intricate subject. It is a compulsory subject to every student pursuing law, accounting, business, economics and banking studies in colleges and universities or preparing for professional examinations. A thorough understanding of the Companies Act 2016 (the Act), together with the trite legal principles drawn from the various established case laws, is crucial.
Company Law: Conceptual Framework & Real Life Applications is specially written for students to assist them to grasp the principles of company law and their application in the business world. It carefully presents and analyses the statutory provisions, fundamental principles, key concepts and methodology of the Act together with applications of case laws. It allows students to completely comprehend the intricate subject matter through a methodical and structured approach of 22 chapters supplemented by a profusion of 57 flowcharts, tables, and illustrations.
Case laws addressing real-life business scenarios are essential to enhance the understanding of the interpretation and applications of the Act. The rule of law and legal principles propounded by the Courts are identified, together with the needed quotations from significant company law cases are included. It allows the reader to appreciate the dexterity of the Courts in illuminating the difficult points of law.
Company law may be a complex and daunting subject but this book has made it simple and easily accessible for the aspiring students. University and college professors, researchers, or lecturers would find this book a must-have reference for their students pursuing company law, business and accounting, as well as those sitting the various related professional examinations.
Company directors, business entrepreneurs, strategists and advisors, professionals in tax, auditors, company secretarial practice, banking, insolvency and legal counsels would find this student reference text an essential tool in practice. It allows them to reskill and upskill with the commercial applications of the various rules and principles in the new company law regime of the Companies Act 2016.
The law is stated as at 8 October 2021.
The topics covered include:
1. History of the Companies Act 2016
2. Types of Company
3. Members and Shareholders
4. Separate Legal Entity
5. No Par Value Regime
6. Constitution
7. Appointment and Retirement of Directors
8. Directors’ Duties and Power
9. Board of Directors’ Meeting
10. Agency Relationship of Directors
11. Resignation of Director
12. Company Secretary
13. Principle of Majority Rule
14. Members’ Written Resolution
15. Annual General Meeting (AGM)
16. Extraordinary General Meeting (EGM)
17. Removal of Directors
18. Proper Plaintiff Rule
19. Minority Oppression – Rights and Remedies
20. Statutory Derivative Action
21. Rule against Reflective Loss
22. Corporate Debt Restructure Scheme