Loading...

Pilot December 2021

Unit: Company law

16 Questions

Download Complete Period

Get all questions and answers for "Pilot December 2021" in a single PDF file

Join the community! 550+ students upgraded in the last 24 hours. Limited Discount Seats Available

Questions

1a
Company Directors
​​Explain four limitations to a director’s powers to act that may be contained in a company’s constitution.
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
1b
Company Directors
​​Describe six general duties of a director under the Companies Act, 2015 or equivalent legislation.
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
2a
Membership of a company
​​Highlight four reasons that form a basis for a derivative claim in Kenya.
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
2b
Membership of a company
​​Outline the information that should appear in a company’s register of members.
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
2c
Membership of a company
​​Explain five legal requirements for the beneficial owner’s register in Kenya
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
3a
Company meetings
​​Distinguish between an “ordinary resolution” and “special resolution”
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
3b
Company meetings
​​Jane is a director of XYZ Limited, a public limited company and would like to call for a general meeting of the company. Give your professional advice to Jane about the following: 

(i) The four methods through which XYZ Limited can give a notice of the general meeting to its members. 

(ii) The legal requirements in Kenya for the meeting if the notice is issued on the company’s website
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
4a
Auditors
​​Explain three rights of a company’s auditor in relation to a company’s general meetings.
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
4b
Auditors
​​Explain three requirements for a notice by a company’s members’ statement about audit concerns
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
4c
Auditors
​​Give four circumstances under which an auditor in office will not be considered as re-appointed if no appointment of an auditor is made at the end of a term of appointment.
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
5a
Company accounts
​​Give five documents that form a quoted company’s annual reports
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
5b
Company accounts
​​Explain three requirements for a company’s proper accounting records
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
5c
Company accounts
​​Highlight two contents of a company’s financial records.
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
6a
Audit of Company Accounts
​​Explain three items that an auditor would investigate in a company’s financial records to enable the auditor form an opinion about a company’s financial statements.
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
6b
Company Investigation
​​Explain which court appoints an inspector to investigate a company’s affairs and what circumstances may lead to such an appointment.
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
7
Company Investigation Corporate restructuring
​​With respect to investigation of a company’s affairs and mergers: 

(a) Identify the court that has powers to appoint an inspector. 

(b) Describe six circumstances that might lead to such an appointment in (a) above. 

(c) Discuss the types of information that should be contained in the draft terms of scheme for a proposed merger
Want to join the discussion?

Log in to post comments and interact with tutors.

Login to Comment
Success!

Comment posted! We'll give you feedback soon.