Company lml4806 notes Study guides, Class notes & Summaries

LML4806 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 - DUE March 2024 100% TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . Question: 1 Mandla is both a director and shareholder of Cargo Logistics Ltd. He wants to buy more shares in Cargo Logistics Ltd but does not have enough money to do so. He offers to rent out a warehouse to Cargo Logistics Ltd. Cargo Logistics Ltd agrees to pay R1.2 million per annum as re...

LML4806 EXAM PACK 2023 LATEST QUESTIONS WITH ANSWERS . Exclusive Properties (Pty) Ltd (the company) has four shareholders, each holding 25% of the voting rights in the company. All of the shareholders are also directors of the company. The Memorandum of Incorporation of the company has not changed the default position in terms of the Companies Act 71 of 2008 regarding the threshold required to pass ordinary resolutions. The company held a board meeting at which three directors were present....

LML4806 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 - DUE March 2024.....Detailed work, solutions, memos, notes, and explanations..Question: 1 Mandla is both a director and shareholder of Cargo Logistics Ltd. He wants to buy more shares in Cargo Logistics Ltd but does not have enough money to do so. He offers to rent out a warehouse to Cargo Logistics Ltd. Cargo Logistics Ltd agrees to pay R1.2 million per annum as rent for the warehouse. Mandla then uses part of the money to purchase 10 000...

LML4806 Assignment 1 Semester 1 2024 - DUE March 2024 100% TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . Question: 1 Mandla is both a director and shareholder of Cargo Logistics Ltd. He wants to buy more shares in Cargo Logistics Ltd but does not have enough money to do so. He offers to rent out a warehouse to Cargo Logistics Ltd. Cargo Logistics Ltd agrees to pay R1.2 million per annum as rent for the warehous...

LML4806 Semester 2 Assignment 02 - 2023. Detailed working, solutions, memo, notes & explanations.Question: 1 With reference to appropriate authority, discuss the appointment and composition of the social and ethics committee. (5) Question: 2 Steel Co Ltd is one of the largest producers of steel in South Africa. Its major competitor is Steel Works Ltd, which operates several steel manufacturing plants across South Africa. Steel Co Ltd and all its related persons do not control any voting right...

LML4806 ASSIGNMENT 1 SEMESTER 2 2023. Detailed working, solutions, memo, notes & explanations. Question: 1 Shareholders’ resolutions must usually be voted on at properly constituted meetings of the company’s shareholders. However, the Companies Act 71 of 2008 provides for an exception to this general rule. Explain what this exception under the Companies Act 71 of 2008 entails. (5) Question: 2 David is a non-executive director and chairperson of Free State Airlines SOC Ltd, a company that o...

Contents 1 Shareholders and Company Meetings.......................................................................................................................2 2 Directors, Board Committees and the Company Secretary........................................................................................6 3 Duties of Directors...................................................................................................................................................13 4 Capacity and ...

LML4806 EXAM PACK AND SUMMARISED NOTES. 3 | P a g e LML4806 – COMPANY LAW MAY/JUNE 2020 QUESTION 1 1.1. Section 61(8) states that the following matters must be discussed at an annual general meeting:1 a. Presentation of director’s report, audited financial statements for immediately preceding financial year and audited committee report b. Election of directors to the extend required by the Act or the company’s Memorandum of Incorporation c. Appointment of auditor for ensuing fin...

LML4806 COMPANY LAW NOTES. INTRODUCTION & STUDY UNIT 1 Types and Forms of Companies - 2 main types of companies i.t.o. 2008 Act profit companies & non-profit companies - object of profit company financial gain for shareholders (SH) - may be incorporated by one or more persons & no limit to number of SH - 4 types of profit companies o state-owned company  listed in schedules 2 or 3 of the Public Finance Management Act or owned by a municipality  is a national government busin...

LML4806 NOTES. Page 1 of 282 LEARNING UNIT 1 Shareholders and company meetings This learning unit deals with the provisions of the Companies Act 71 of 2008 (hereinafter referred to as “the Companies Act” or “the Act”) relating to the types and convening of meetings, voting rights, and resolutions at meetings of shareholders. Study the prescribed sections in Chapter 11 of your prescribed textbook. Study sections 58 to 65 and section 66(1) of the Companies Act. 1.1 INTRODUCTION ...