- To investigate the holding or subsidiary company if the same is necessary of the investigation.
- To administer oath.
- To examine persons on oath.
-To compel officers or agents of the company to produce books or documents of the company.
- To apply to the court to have persons whom he has no power to examine to be examined in court for purposes of the investigation.
marto answered the question on February 6, 2019 at 06:08
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Detail the statutory provisions governing the investigation into the affairs of a company
by the registrar.
(Solved)
Detail the statutory provisions governing the investigation into the affairs of a company
by the registrar.
Date posted:
February 6, 2019
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Answers (1)
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State the legal consequences of a winding up order made against a company.
(Solved)
State the legal consequences of a winding up order made against a company.
Date posted:
February 6, 2019
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Answers (1)
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Describe the circumstance under which a company may be wound up on the ground that it is "just and equitable" to do so.
(Solved)
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Date posted:
February 6, 2019
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Outline the legal rules that govern the appointment of an Administrative Receiver by a holder of a floating charge.
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Date posted:
February 6, 2019
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b) The directors of Alumasi Co. Ltd borrowed Shs.20 million from Maendeleo Bank. The Bank was informed that the money was intended to...
(Solved)
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Advise the bank.
Date posted:
February 6, 2019
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Date posted:
February 6, 2019
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Describe the duties of an Auditor as set out under the Companies Act.
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February 5, 2019
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Highlight the requirements to be met before a notice of meeting served on members can be held to be valid.
(Solved)
Highlight the requirements to be met before a notice of meeting served on members can be held to be valid.
Date posted:
February 5, 2019
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Answers (1)
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The rule in Foss v Harbottle establishes the principle that where a wrong is done to the company, the proper plaintiff is the company itself....
(Solved)
The rule in Foss v Harbottle establishes the principle that where a wrong is done to the company, the proper plaintiff is the company itself. However, where the wrong is done by the company directors, it may be impossible for the company to sue. In such a case, a derivate action may be the only option.
a) Explain what is meant by “derivative action”.
b) Describe the conditions that must be satisfied before a derivative suit can be instituted
Date posted:
February 5, 2019
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Answers (1)
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Define the term "prospectus" and explain the circumstances under which a company may issue a prospectus
(Solved)
Define the term "prospectus" and explain the circumstances under which a company may issue a prospectus.
Date posted:
February 5, 2019
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Explain the Statutory and Common Law Rules that govern raising and maintenance of share capital of a company.
(Solved)
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Date posted:
February 5, 2019
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Wafula, one of the Directors of Hopeful Co. Ltd is unsure of his duty of care and skill as a director of the company....
(Solved)
Wafula, one of the Directors of Hopeful Co. Ltd is unsure of his duty of care and skill as a director of the company. He seeks your advice on this. Advise him.
Date posted:
February 5, 2019
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Answers (1)
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Hopeful, a private limited company has adopted Table A as its Articles of Association. The company now, wishes to alter the Articles of Association.
...
(Solved)
Hopeful, a private limited company has adopted Table A as its Articles of Association. The company now, wishes to alter the Articles of Association.
Outline the procedure to be followed to effect the change.
Date posted:
February 5, 2019
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Answers (1)
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In relation to company law describe the common law duties of a Promoter.
(Solved)
In relation to company law describe the common law duties of a Promoter.
Date posted:
February 5, 2019
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Answers (1)
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In relation to company law,discuss the rules that govern pre-incorporation contracts.
(Solved)
In relation to company law,discuss the rules that govern pre-incorporation contracts.
Date posted:
February 5, 2019
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Answers (1)
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In relation to company law:
a) Explain the meaning of the term “Promoter”.
(Solved)
In relation to company law:
a) Explain the meaning of the term “Promoter”.
Date posted:
February 5, 2019
.
Answers (1)