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Acp3612 2015 11 Nor

This document outlines the examination details for the Company Law and Practice subject at the University of Namibia, including instructions, exam duration, and marking scheme. It consists of various questions covering legal personality, types of companies, financial assistance provisions, director disqualifications, and auditor appointments. The exam is supervised by Adv. UA Hengari and moderated by Mr. S. Biza-Khupe.

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13 views2 pages

Acp3612 2015 11 Nor

This document outlines the examination details for the Company Law and Practice subject at the University of Namibia, including instructions, exam duration, and marking scheme. It consists of various questions covering legal personality, types of companies, financial assistance provisions, director disqualifications, and auditor appointments. The exam is supervised by Adv. UA Hengari and moderated by Mr. S. Biza-Khupe.

Uploaded by

joseswartzsr31
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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UNIVERSITY OF NAMIBIA

FACULTY: ECONOMICS AND MANAGEMENT SCIENCES

DEPARTMENTS: ACCOUNTING, AUDITING & INC. TAX, & MANAGEMENT SCIENCE

SUBJECT: COMPANY LAW AIID PRACTICE

SUBJECT CODE: ACP36L2

DATE: OCTOBER/NOVEMBER 2015

DURATION: 180 MINUTES Marks 100

EXAMINATION: MAINEXAMINATIONS

EXAMINERS: Adv. UA Hengari


MODERATOR: Mr. S. Biza-Khupe

l. This naner consists oI(2l two oaqes. includins this cover Dase.
2. Answer ALL Ouestions.
3. No books, dictionaries, papers, cellular phones, or any other written materials are
allowed in the examination room/hall.
4. CLEARLY INDICATE ON THE AI{SWER SHEETS THE MODE OF STUDY I.E.
FULL TIME/HIGHER DIPLOMA or DISTAIIICE.
5. Candidates who break University of Namibia examination regulations or commit any
malnractice will be disqualified from this examination.
Question 1

1.1 Briefly discuss the different ways in which an association of


persons can acquire legal personality. Provide examples [10)

1.2 Discuss the concept of separate legal personalities as exemplified


in the leading authorities. (20)

1.3 The Companies Act provides for the formation companies.


Explain the different types of companies. (10)

Question 2

the contents and legal status of the memorandum of the


2.1- Discuss
company. [10)

2.2 Contrast section 38 of the Companies Act of L973 with section 44


of the Companies Act of 2008 in relation to financial assistance for
the purchase of shares. (1s)

2.3 Which matters must be discussed at the annual general meeting


of thecompany? [5)

Question 3

3.1Who is disqualified from becoming a director of a company in


terms of the Companies Act? [10)

3.2 Discuss the duties of directors in terms of the Companies Act (10)

Question 4

4.1 Briefly discuss the appointment of the auditor. [10)

Total: 100 marks

Good luck

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