Prohibited Transactions

BCL – Nov 2020 – L1 – Q2b – Types of Capital and the Financing of Companies

Identify two prohibited transactions in shares under Section 56(1) of the Companies Act, 1963 ACT 179.

Question

State TWO (2) prohibited transactions in shares under section 56(1) of the Companies Act, 1963 ACT 179 where a company limited by shares is prohibited from transacting in its shares.

(4 marks)

Answer

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Tags: Companies Act, Company Law, Prohibited Transactions, Shares
Level: Level 1

Topic: Types of capital and the financing of companies
Series: NOV 2020

BCL – Mar 2024 – L1 – Q5a – Types of Capital and the Financing of Companies

Identify and explain prohibited transactions in shares under the Companies Act, 2019 (Act 992).

Question

State TWO (2) prohibited transactions in shares under section 58(1) of the Companies Act, 2019, Act 992 where a company limited by shares is prohibited from transacting in its shares.

(4 marks)

Answer

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Tags: Companies Act, Company Law, Prohibited Transactions, Shares
Level: Level 1

Topic: Types of capital and the financing of companies
Series: MAR 2024

BCL – Nov 2015 – L1 – Q5 – Types of Capital and the Financing of Companies

Discuss prohibited transactions in respect of shares and the reasons for these prohibitions.

Question

The Directors of a company are prohibited from making certain transactions in respect of shares. Mention the prohibited transactions and discuss fully the reasons for the prohibitions. (20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Corporate finance, Prohibited Transactions, Shares
Level: Level 1

Topic: Types of capital and the financing of companies
Series: NOV 2015

BCL – Nov 2020 – L1 – Q2b – Types of Capital and the Financing of Companies

Identify two prohibited transactions in shares under Section 56(1) of the Companies Act, 1963 ACT 179.

Question

State TWO (2) prohibited transactions in shares under section 56(1) of the Companies Act, 1963 ACT 179 where a company limited by shares is prohibited from transacting in its shares.

(4 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Companies Act, Company Law, Prohibited Transactions, Shares
Level: Level 1

Topic: Types of capital and the financing of companies
Series: NOV 2020

BCL – Mar 2024 – L1 – Q5a – Types of Capital and the Financing of Companies

Identify and explain prohibited transactions in shares under the Companies Act, 2019 (Act 992).

Question

State TWO (2) prohibited transactions in shares under section 58(1) of the Companies Act, 2019, Act 992 where a company limited by shares is prohibited from transacting in its shares.

(4 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Companies Act, Company Law, Prohibited Transactions, Shares
Level: Level 1

Topic: Types of capital and the financing of companies
Series: MAR 2024

BCL – Nov 2015 – L1 – Q5 – Types of Capital and the Financing of Companies

Discuss prohibited transactions in respect of shares and the reasons for these prohibitions.

Question

The Directors of a company are prohibited from making certain transactions in respect of shares. Mention the prohibited transactions and discuss fully the reasons for the prohibitions. (20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Corporate finance, Prohibited Transactions, Shares
Level: Level 1

Topic: Types of capital and the financing of companies
Series: NOV 2015

Question Tag: Prohibited Transactions

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BCL – Nov 2020 – L1 – Q2b – Types of Capital and the Financing of Companies

Identify two prohibited transactions in shares under Section 56(1) of the Companies Act, 1963 ACT 179.

BCL – Mar 2024 – L1 – Q5a – Types of Capital and the Financing of Companies

Identify and explain prohibited transactions in shares under the Companies Act, 2019 (Act 992).

BCL – Nov 2015 – L1 – Q5 – Types of Capital and the Financing of Companies

Discuss prohibited transactions in respect of shares and the reasons for these prohibitions.

BCL – Nov 2020 – L1 – Q2b – Types of Capital and the Financing of Companies

Identify two prohibited transactions in shares under Section 56(1) of the Companies Act, 1963 ACT 179.

BCL – Mar 2024 – L1 – Q5a – Types of Capital and the Financing of Companies

Identify and explain prohibited transactions in shares under the Companies Act, 2019 (Act 992).

BCL – Nov 2015 – L1 – Q5 – Types of Capital and the Financing of Companies

Discuss prohibited transactions in respect of shares and the reasons for these prohibitions.

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Question Tag: Prohibited Transactions

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BCL – Nov 2020 – L1 – Q2b – Types of Capital and the Financing of Companies

Identify two prohibited transactions in shares under Section 56(1) of the Companies Act, 1963 ACT 179.

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BCL – Mar 2024 – L1 – Q5a – Types of Capital and the Financing of Companies

Identify and explain prohibited transactions in shares under the Companies Act, 2019 (Act 992).

You're reporting an error for "BCL – Mar 2024 – L1 – Q5a – Types of Capital and the Financing of Companies"

BCL – Nov 2015 – L1 – Q5 – Types of Capital and the Financing of Companies

Discuss prohibited transactions in respect of shares and the reasons for these prohibitions.

You're reporting an error for "BCL – Nov 2015 – L1 – Q5 – Types of Capital and the Financing of Companies"

BCL – Nov 2020 – L1 – Q2b – Types of Capital and the Financing of Companies

Identify two prohibited transactions in shares under Section 56(1) of the Companies Act, 1963 ACT 179.

You're reporting an error for "BCL – Nov 2020 – L1 – Q2b – Types of Capital and the Financing of Companies"

BCL – Mar 2024 – L1 – Q5a – Types of Capital and the Financing of Companies

Identify and explain prohibited transactions in shares under the Companies Act, 2019 (Act 992).

You're reporting an error for "BCL – Mar 2024 – L1 – Q5a – Types of Capital and the Financing of Companies"

BCL – Nov 2015 – L1 – Q5 – Types of Capital and the Financing of Companies

Discuss prohibited transactions in respect of shares and the reasons for these prohibitions.

You're reporting an error for "BCL – Nov 2015 – L1 – Q5 – Types of Capital and the Financing of Companies"

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