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Summary Business Law and Practice - Group of Companies

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Business Law and Practice - Group of Companies

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Uploaded on
May 21, 2023
Number of pages
4
Written in
2022/2023
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Summary

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Group of Companies
(WS2)

 Unit 2 - Preparatory Task 2: Group of Companies
In this task, you will examine the nature of the relationships between companies within a
group of companies and the commercial issues which give rise to them. Unit Workshop Task
1 will continue this task.

The Enright Group is a group of companies which specialises primarily in engineering work
for railways.

On the basis of the information set out below, create a diagram to represent a “family
tree” for the Enright Group.

Enright Holdings plc (“Holdings”) is a company listed on the Main Market of the London Stock
Exchange.

Holdings has three wholly-owned subsidiary companies:

 Enright Management Limited (“Management”);
 Enright Engineering Limited (“Engineering”);
 Enright Turbines Limited (“Turbines”).

Turbines owns 50% of Yenlite Development Limited (“Yenlite”). The other 50% is owned by
Champion Technologie SA (“Champion”), a French company.

Engineering owns the entire issued share capital of Enright Rail Limited (“Rail”).

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