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Business Law Case Study of London Car Repair Ltd 2023

   

Added on  2021-02-20

6 Pages1338 Words49 Views
Business Law

Table of ContentsINTRODUCTION...........................................................................................................................3MAIN BODY...................................................................................................................................33. Advising London car Ltd. For expanding business.................................................................3CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7

INTRODUCTIONBusiness law is a governing body that has been developed for the purpose of developingnumerous controlling and monitoring measures for governing various business activities in thebusiness. The present study shows legal solution of the case study relating to a business problem.For the purpose of providing solution, various rules and regulations in context to company law ofthe UK.MAIN BODY3. Advising London car Ltd. For expanding business1 Steps to form a companyAs per the company law, the London Car Ltd. Needs to follow the following steps for theformation purpose:Setting up nature and structure of the business is a basic step of company formation.London Car Ltd. Needs to first decide what type of company it needs to form.After deciding structure, it needs to decide its name that has not yet been taken by any ofthe company (Ridley-Duff, 2018) .Creation of memorandum and articles of association is next step of company formationalong with deciding directors and shareholders of the company.Further, the name of the company shall be registered to the registrar of state.After setting up name, the London car Ltd. To fulfill all the documentary procedure.Furthermore, it would need to submit all the required documents to the registrar.After such documentation, the registrars shall register the company and the companyformation procedure shall be completed.2 Nature and essential contents of articles and memorandum and articles of associationMemorandum and articles of association shows all essential information of the company.They also shows the limits of areas upto which the company can perform its tasks. They are oneof the essential documents required for forming a company. (Chang, 2018) Therefore, theLondon Car Ltd. Would need to create its memorandum and articles of association at the time offorming a company.Name and address of directors, information of promoters, objectives of company, majorareas of working of the company, etc. are some essential contents that London Car Ltd. Shallneeds to involve in the memorandum and articles of association (Companies Law, 2019).

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