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COMPANY LAW SEPARATE LEGAL ENTITY - Coggle Diagram
COMPANY LAW
SEPARATE LEGAL ENTITY
Company Law?
Internal Management
External Dealings
Formation
Corporation?
Separate from BoD & Shareholders
s3 Companies Act 2016
Artificial Person
Effects of "INCORPORATION"
Sue and be sued
Own or dispose property
Unlimited capacity
Contractual Capacity
Identity
Berhad (Limited)
Sdn Bhd (Pte Ltd)
Cases
Lee v Lee Air Farming (1961)
Macaura v Northern Insurance (1925)
Salomon v Salomon & Co (1897)
Lifting/ Piercing the Veil (SLE)
Avoidance of legal duty
Shareholders & creditors protection
Fraud
Pre-Incorporation
Duties of Promoter
Pre-incorporation Contracts
Type of Company
Ratify or Reject? (s65 Companies Act 2016)
Certificate of Incorporation