Company Law and Business Client Research Proposal

Company Law and Business Client - Research Proposal manikinA familiarity on incorporation is a legal entity or person distinct from its members and its property is not the property of the members. The national and domicile of the company is determined by its place of registration. A company incorporated in the U.K will normally have British Nationality as well as side or Scottish Domicile. In general, residence depends upon the place where central control and management of the company is located.A company registered under the companies act 1948, is not authorize to carry on fear in such a way or under such a name, as to represent that its business is the business of any other company or firm or person and the absence of fraud is immaterialA corporation or a peculiar(a) company which is incorporated has a corporate existence apart from the members constituting the same. A corporation has been defined as a collection of individuals united into one personate under a special denomi nation having perpetual succession under an artificial form and vested by the policy of law with the capacity of acting in several respects as an individual. In particular, a corporation should have the capability of taking and granting properties, of contracting obligations and of suing and being sued in the course of transacting its business. The ideas inherent in the definition of a corporation are1. It should have continuous identity.2. It is intangible.3. It is an entity distinct from its constituent members.Contents of the Articles of necktie.The articles of association set out rules for the internal management of the company. spectacular care must be taken in drafting the Articles of Association. The Articles of a company may be altered by a special resolution. Where Articles of Association are not registered, or if the Articles are registered in so far as they do not exclude or modify the regulation in Table A , those regulations so far as applicable are the regulations of the company in the same manner and to the same extent as if they were contained in duly registered articles. If the company intends to issue shares or stock warrants, special authority for that