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Bus200 assignment 2 30 marks a hard copy of the assignment is to be handed into the library assignment – part 1 15 marks register a no liability company — note section 117(1) and (2) and form 201 — do not forget the various consents. The company’s internal management rules must be the replaceable rules — note sections 134 and 135 but the company must also have a constitution which complies with section 112(1) and (2) ( nl co.) The constitution must also create a class redeemable preference shares — note sections 254a(2) and (3) part 2 15 marks word limit 400 words research the maintenance of capital doctrine – you must research the history of the doctrine ( support your research with case analysis)– explain the benefits of the doctrine and finally research and explain the exceptions to the doctrine. Note sections 256b, 257b, 260a and 259a
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