To ensure familiarity with the law in relation to the capital of a company, borrowing by a company and the winding up of a company.

Capital of a company, shares and membership rights, borrowing by the company, types of security and relative priorities, administration of a company, directors, fraudulent and reckless trading, insider dealing, investigations, receivership, examinership and liquidation.

On successful completion of this module, a student will be able to: Identify the common law and statutory duties of company directors Critique the remedies available to injured parties in the event of breach of those duties Identify the duties and powers of a company secretary Outline the typical contractual position of a company which has entered into a loan and security agreement Distinguish the respective rights of the company, itÆs controllers and any receiver appointed to enforce that security Critique the limits placed by law on the payment by companies of dividends to shareholders Outline the enforcement mechanisms available to various state agencies to ensure the enforcement of company law Critique the statutory basis for the protection and reorganisation of companies under the 1990 Act Identify the forms of company liquidation Outline the powers, role and duties of the various types of liqidator Critique the statutory order of priority for payment of creditors under corporate insolvency laws.

n/a

n/a