Company Law CS Section 3

Description

Company Law CS Section 3

Company Law for CS Section 3 is a KASNEB course. It prepares students to apply and comply with the provisions of company law in relevant circumstances and environments. We provide the best free Company Law CS Section 3 PDF notes and past papers.

Download free CS Company Law Section 3 PDF notes and past papers now for the new KASNEB syllabus 2021. We are the largest repository in Kenya offering free KASNEB notes and revision papers

To pass KASNEB CS Section 3 Company Law New Syllabus 2021 exam, the student is expected to cover the following topics:

• Nature and classification of companies
• Formation of companies
• Membership of a company
• Shares
• Share capital- Meaning and types of share capital – Raising of share capital – Prospectus/information memorandum – Maintenance of capital – Alteration of capital – Dividends
• Debt capital- Borrowing powers of a company – Debentures – Charges – Registration of charges – Remedies for debenture holders
• Company meetings – Nature and classification of company meetings – Essentials of a valid meeting – Voting – Resolutions
• Directors – Qualifications, appointment and disqualification – Powers and duties of directors – Removal and vacation of office – Register of directors – Remuneration of directors – Loans to directors – Compensation for loss of office – Disclosure of director’s interest in contracts – The rule in Turquand’s case/Indoor Management rule – Insider dealing
• The company secretary – Qualification, appointment and removal – Powers and duties of the company secretary – Liability of the company secretary – Register of secretaries
• Auditors – Qualification, appointment and removal – Remuneration of auditors – Powers and duties – Rights and liabilities
• Company accounts, audit and investigation – Books of accounts – Form and content of accounts – Group accounts – Director’s report – Auditor’s report – Annual returns – Investigation of company affairs – Appointment and powers of inspectors – Inspector’s report
• Corporate restructuring – Need for restructuring – Mergers, – Post merger reorganization – Takeovers and acquisitions – Schemes of arrangement and compromises – Reconstruction
• Receivership and liquidation of companies – Meaning of receivership – Appointment and vacation of office – Powers and duties of a receiver – Termination of receivership – Meaning of liquidation – Types of liquidation – Appointment, powers and duties of liquidators – Discharge of liquidators – Distribution of assets and dissolution of companies
• Companies incorporated outside the country – Process of registering a company – Certificate of registration – Power to hold land – Registration of charges – Accounts of foreign companies – Service of process and notices on foreign companies – Returns – Penalties – Cessation of business
• Emerging issues and trends

KASNEB students should grasp the foundations of Company Law in preparation for exposure to the business environment. We encourage KASNEB students to prepare for KASNEB CS Section 3 exams adequately.

Students taking other courses like Certified Public Accountants (CPA), Certified Credit Professional (CCP), Certified Investment and Financial Analyst (CIFA), among other KASNEB certified courses will find these resources helpful.

KASNEB Students are equipped with knowledge, skills and attitudes to apply the principles of legal system and Company Law in various environments

Many students and colleges have benefited from the resources offered by the Pass Exams Team.

Other units or courses in KASNEB CS Section 3 include:

• Financial Management
• Principles and Practice of Management

After completion of KASNEB CS Section 3, the student advances to KASNEB CS Section 4 which has the following units:

• Corporate Secretarial Practice
• Management Information Systems
• Law and Procedure of Meetings

Download free KASNEB CS Section 4 PDF notes and past papers now.