company law assignment
Mount Crest University College
Course: Company Law
Intake 2 Weekend
Assignment
Naa Amerley Quaye (B12010042)
QUES: Yentua Company Ltd. was incorporated on 10th June, 2010. Its objects are construction and civil engineering works. It now wants to obtain a certificate from the Registrar in order to start working. What information should it present to the Registrar before it can be issued with this certificate?
There are legal rules governing the commencement of business Ghana. Incorporation of a company does not give the company the automatic right to start operation. These rules are clearly stated in Sec 27 of Act 179
Sec 27 (1) A company registered after the commencement of this Code shall not transact any business, exercise any borrowing powers, or incur any indebtedness, except such as shall be incidental to its incorporation or to obtaining subscriptions to or payment for its shares, until it has delivered to the Registrar a return in duplicate in the prescribed form giving particulars, as at the date of the return, of,
(a) Its name;
(b) Its authorized business, or, if the company is not formed for the purpose of carrying on a business, the nature of its objects;
(c) The names and any former names, addresses and business occupations of its directors and secretary, and particulars of any other directorships held by them, as provided by section 196 of this Code;
(d) The name and address of its External auditor;
(e) The addresses of its registered office and principal place of business in Ghana and the number of the post office Box of its registered office;
(f) If its register of members is kept and maintained elsewhere than at the registered office of the company, the address at which it is kept
(g) A statement to the effect that it has complied with section 27
The Return shall be signed by 2 Directors and Secretary of the company to the Registrar who shall gazette it .In situations where the
Course: Company Law
Intake 2 Weekend
Assignment
Naa Amerley Quaye (B12010042)
QUES: Yentua Company Ltd. was incorporated on 10th June, 2010. Its objects are construction and civil engineering works. It now wants to obtain a certificate from the Registrar in order to start working. What information should it present to the Registrar before it can be issued with this certificate?
There are legal rules governing the commencement of business Ghana. Incorporation of a company does not give the company the automatic right to start operation. These rules are clearly stated in Sec 27 of Act 179
Sec 27 (1) A company registered after the commencement of this Code shall not transact any business, exercise any borrowing powers, or incur any indebtedness, except such as shall be incidental to its incorporation or to obtaining subscriptions to or payment for its shares, until it has delivered to the Registrar a return in duplicate in the prescribed form giving particulars, as at the date of the return, of,
(a) Its name;
(b) Its authorized business, or, if the company is not formed for the purpose of carrying on a business, the nature of its objects;
(c) The names and any former names, addresses and business occupations of its directors and secretary, and particulars of any other directorships held by them, as provided by section 196 of this Code;
(d) The name and address of its External auditor;
(e) The addresses of its registered office and principal place of business in Ghana and the number of the post office Box of its registered office;
(f) If its register of members is kept and maintained elsewhere than at the registered office of the company, the address at which it is kept
(g) A statement to the effect that it has complied with section 27
The Return shall be signed by 2 Directors and Secretary of the company to the Registrar who shall gazette it .In situations where the