Company Law And Business Association I

1. Understand the historical development of company law.
2. Identify different forms of business organizations.
3. Explain the concept of corporate personality.
4. Analyze the circumstances for lifting the veil of incorporation.
5. Discuss the duties and responsibilities of promoters.
6. Evaluate the implications of pre-incorporation contracts.

13 weeks, about 56 hours in total. Yours will differ.

1. Week 1Module 1: History of Company Law

   • Unit 1: History of Company Law until 1720 · 4 hours

     Read about the ecclesiastical bodies, boroughs, and guilds that influenced the development of companies.. Understand the roles of merchant adventurers and the evolution of joint stock companies.. Analyze the events leading to the Bubble Act and its impact..

2. Week 2Module 1: History of Company Law

   • Unit 2: History of English Companies from 1720 until the Repeal of the Bubble Act in 1825 · 4 hours

     Examine the effects of the Bubble Act on companies and the rise of unincorporated associations.. Study the origins of memorandum and articles of associations.. Understand the influence of equity in company law during this period..

3. Week 3Module 1: History of Company Law

   • Unit 3: History of Company Law from 1825 Till Today · 4 hours

     Learn about the Trading Companies Act 1834 and the Gladstone Act 1844.. Study the Joint Stock Companies Act 1856 and subsequent developments.. Trace the evolution of company law through various acts and amendments..

4. Week 4Module 1: History of Company Law

   • Unit 4: Development of Company Law in Nigeria · 4 hours

     Understand the historical evolution of company law in Nigeria before and after 1912.. Examine the transformation from a subsistence economy to modern trade.. Analyze the impact of British colonization on the development of company law in Nigeria..

5. Week 5Module 2: Forms of Business Organizations

   • Unit 1: Forms of Business Organizations · 4 hours

     Understand the basic types of business organizations: sole trader and partnership.. Assess the merits of each type of organization based on money, risk, and structure.. Study the legal requirements for registration of a sole trader under CAMA 2004..

6. Week 6Module 2: Forms of Business Organizations

   • Unit 2: Types of Companies · 4 hours

     Discuss the different types of companies and their functions.. Understand the purpose for which each type of company is registered.. Compare and contrast private and public companies..

7. Week 7Module 2: Forms of Business Organizations

   • Unit 3: Preliminary Requirements for Incorporation · 4 hours

     Identify the preliminary requirements for incorporation.. Understand the mandatory incorporation rules and exceptions.. Examine the capacity of individuals to form a company in Nigeria..

8. Week 8Module 2: Forms of Business Organizations

   • Unit 4: Company Incorporation II · 4 hours

     Understand the preliminary requirements for incorporation.. Study the essence of the company name and share capital.. Examine the memorandum and articles of association and other required documents..

9. Week 9Module 3: Corporate Personality

   • Unit 1: Corporate Personality · 4 hours

     Understand the doctrine of corporate personality and limited liability.. Analyze the nature of corporate personality and its implications.. Study the landmark case of Salomon v Salomon & Co..

10. Week 10Module 3: Corporate Personality

    • Unit 2: Consequences of Incorporation · 4 hours

      Understand the consequences of incorporation of companies.. Examine the advantages and disadvantages of incorporation.. Study the implications of limited liability, suing and being sued, and perpetual succession..

11. Week 11Module 3: Corporate Personality

    • Unit 3: Lifting the Veil of Incorporation - Lifting the Veil by Courts · 4 hours

      Explain circumstances when the courts will lift the veil of incorporation.. Study the agency rule, group enterprise theory, and fraud exceptions.. Analyze the key cases related to lifting the veil of incorporation..

12. Week 12Module 3: Corporate Personality

    • Unit 4: Lifting the Veil of Incorporation 2 - By Legislature · 4 hours

      Learn about circumstances when the veil of incorporation will be lifted by legislative provisions.. Study the reduction in the number of members and fraudulent trading.. Examine the misdescription and holding and subsidiary companies..

13. Week 13Module 4: Promoters

    • Unit 1: Promoters · 4 hours

      Define the term 'promoters' and their duties.. Understand the meaning of 'promoter' and their fiduciary duties.. Study the legislative intervention on the duties of promoters..

    • Unit 2: Promoters II · 4 hours

      Understand the remedies available to the company and the disclosure by promoters.. Study how the promoter may recover legitimate remuneration.. Examine the legislative intervention on the duties of promoters..