Courses Catalogue

Company Law

COURSE CODE: LLW 2102
COURSE CREDIT UNIT: 3
ACADEMIC PROGRAMME: Business Administration (Finance and Accounting), Bachelor
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Core
PROGRAMME TYPE: Undergraduate

Course Description

PURPOSE OF COURSE

The course examines the legal regulation that governs the formation, constitution, incorporation, operation, management, governance, financing and dissolution of companies. It discusses such issues as incorporation documents, rights and duties of shareholders, share capital and debentures, company’s liabilities and shareholders remedies.

EXPECTED LEARNING OUTCOMES

By the end of the course unit, students should be able to:

·         Explain the importance of the concepts of separate legal entity and limited liability as applied to companies

·           Discuss the basic skills on how to incorporate a company

·           Appreciate the record-keeping requirements for companies

·           Describe  the rules and regulation and acquire skills on how to handle capital, shares and finance in a company

·           Examine  the duties and potential liabilities of shareholders,  directors and promoters of a company