Incorporation Practicalities

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Company Law Mind Map on Incorporation Practicalities, created by 40055097 on 09/12/2013.
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Mind Map by 40055097, updated more than 1 year ago
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Created by 40055097 almost 11 years ago
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Resource summary

Incorporation Practicalities
  1. 'Off the Shelf'
    1. Premade companies
      1. Quick
      2. Documentation
        1. Memorandum of association
          1. s8
          2. articles of association
            1. s18
            2. Registration appilcation
              1. s9
                1. Re Baby Moon
                  1. Registered in England
                  2. Rv Registrar of Companies
                    1. 'Miss Whiplash'
                      1. Not lawful intention
                    2. statement of compliance
                      1. s13
                    3. Number
                      1. Never changes
                        1. Identifies company
                        2. Consideration
                          1. Headed paper
                            1. s82
                            2. new bank account
                              1. issue of shares
                                1. Records
                                2. Pre-incorporation contracts
                                  1. usually void
                                    1. CAs51
                                    2. Panorama v Lane
                                      1. Cheap,Mean and Nasty
                                    3. Promoters
                                      1. Undisclosed investments
                                        1. sell shares for their benefit
                                          1. Erlanger v Sombrero Phosphate
                                            1. penalised for secret profit
                                              1. Now banks
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