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The student to give the advantages and disadvantages that arise to a company that uses floating charge as a security on debentures and also the situations under which a floating charge is crystalized.
Date posted:
March 14, 2022
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What part of the Companies Act relates to foreign companies?
Date posted:
April 15, 2021
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State the similarities between debentures and shares.
Date posted:
April 15, 2021
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State the advantages of a trust deed.
Date posted:
April 15, 2021
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State the disadvantages of floating charges.
Date posted:
April 15, 2021
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What chapter number of the laws of Kenya is the Cooperatives Societies Act?
Date posted:
April 15, 2021
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What is the maximum number of persons in a sole trader?
Date posted:
April 15, 2021
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What are the two fundamental principles of company law?
Date posted:
April 15, 2021
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Dissolution is the final stage of liquidation. After a company's affairs are "wound-up," a liquidator calls a final meeting of the members and/or creditors.Explain how winding up and dissolution takes place.
Date posted:
April 15, 2019
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Explain the applicable methods used in issuing of shares to the public.
Date posted:
April 15, 2019
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Explain the difference between underwriters and brokers.
Date posted:
April 15, 2019
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Define and explain the functions of promoters.
Date posted:
April 15, 2019
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State the main features of a prospectus.
Date posted:
April 15, 2019
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Explain the meaning and importance of articles of association of company.
Date posted:
April 15, 2019
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Explain the meaning and significance of the memorandum of association.
Date posted:
April 15, 2019
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Explain consequences of registration of a company.
Date posted:
April 15, 2019
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Explain how a limited company is registered in Kenya
Date posted:
April 15, 2019
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Explain meaning, functions and the differences between holding company and subsidiary company.
Date posted:
April 15, 2019
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What is an unlimited company?
Date posted:
April 15, 2019
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What are companies limited by guarantee?
Date posted:
April 15, 2019
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What are companies limited by shares?
Date posted:
April 15, 2019
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What is meant by the term Declaration of Compliance?
Date posted:
April 15, 2019
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Explain how the Capital Authority can ensure:
(i) faster growth and development of the Nairobi Stock Exchange or Stock Exchange in your country.
(ii) development of other stock exchanges in Kenya or in your country
Date posted:
February 7, 2019
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Mwinzi, a holder of shares in Hewa Airways Company Limited deposited his share certificate with a broker, Otieno. Otieno forged Mwinzi's signature on the share certificate and transferred the shares to Kuria. When the share certificate and the transfer document were presented to the company for registration, the secretary wrote to Mwinzi advising him of the transfer. Mwinzi did not reply to this letter and Kuria was registered as the new shareholder. Kuria then transferred the shares to Wafula who was registered as the shareholder and a new certificate was issued.
Explain the effect of the forgery.
Date posted:
February 7, 2019
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Explain to a new shareholder of a central depository account the circumstances in which a central depository securities account may be suspended.
Date posted:
February 7, 2019
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Outline the reasons that may lead to suspension of promoters by a company.
Date posted:
February 7, 2019
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Explain the preliminaries incidental to promotion of a company.
Date posted:
February 7, 2019
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Explain the effect of the failure by the company to register a charge of a debenture.
Date posted:
February 7, 2019
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Explain the circumstances when a dividend may become payable and enforceable as a debt against the company.
Date posted:
February 7, 2019
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(a) Explain the category of persons to whom an auditor owes a duty of care in the preparation of his audit report.
(b) Enumerate the rights accorded to an auditor to enable him perform his duties as the auditor of a company.
(c) In Hedley Byrne V. Heller (1964) the court held that provided that it could be established that a special relationship existed between parties it was possible for a person to sue for having suffered a financial loss even though no contractual relationship existed between the parties.
Highlight the factors that should be established in order for a third party to successfully sue an auditor for professional negligence.
Date posted:
February 7, 2019