| |
Limited liability companies Assessment Chapter 4|
Stephanie Buah
Stephanie Buah
| | |
| | SM1282|
Limited liability companies
Assessment Chapter 4
In this chapter, I am going to talk about how limited companies have their various features and owners; also how they run differently.
Nathans Home Offices Ltd is a secluded limited companionship.
(a) What evidence is there to support this view?
A private limited company is a company that is a flexible form of enterprise that blends elements of partnership and corporates structures. They are also small or medium sized that are a lot run by a family or small conclave of owners (Nathan Edwards is the majority shareholder in Nathans Hone Offices Ltd. The tierce other shareholders are family members; they all work in the business). A private limited business squall ends with Limited or Ltd (Nathans Home Offices Ltd).
When Nathans Home Offices Ltd was formed, Nathan had to produce a n Memorandum of Association.
(b) What information would this document contain?
some(a) documents have to be sent to the Registrar of Companies before a limited company can be formed. One of the almost important two documents is the Memorandum of Association. The Memorandum of Association is a legal document, developing the objectives of a registered company. It also sets out a constitution and gives details about the company. These details are:
* The name of the company (Nathans Home Offices Ltd).
* The name and address of the companys registered office.
* Objectives of the company and the nature of its activities. (Nathans family is now considering rise more money by going public).
* summation of capital to be raised and the number of shares to be issued. (In 2004, Nathan invited his family members to collect stake in the business. They contributed some capital and the business...If you want to unsex a full essay, order it on our website: Orderessay
If you want to get a full essay, wisit our page: write my essay .
No comments:
Post a Comment