Law of Business Organization: Proprietary Company Register Details

This report examines the proprietary company register, focusing on the legal framework and regulations governing such entities. It delves into the Corporation Act 2001 (Cth) of Australia, outlining the requirements for registration, including the company's name, address, and purpose. The report details the roles and responsibilities of directors and shareholders, highlighting the importance of the company's constitution and the definition of key terms like the 'Seal' and the 'Act'. It also discusses the issuance of shares, particularly preference shares, and their associated rights concerning dividends, voting, and capital distribution. The analysis covers the registration process, the required information, and the legal implications of forming and operating a proprietary company, including the governance structure and the rights of stakeholders. The report aims to provide a comprehensive understanding of the legal aspects associated with proprietary companies.

Running head: LAW OF BUSINESS ORGANISATION
Law of Business Organization
Name of the Student
Name of the University
Author Note

1LAW OF BUSINESS ORGANISATION
Table of Contents
Part 1................................................................................................................................................2
Register of a Proprietary Company.............................................................................................2

2LAW OF BUSINESS ORGANISATION
Part 1
Register of a Proprietary Company
Constitution
Interpretation and Definition Clause
 The organization has own constitution which was stated with relevant definition and
description. It is only applicable for the organization only.
 The Act is defined the Corporation Act 2001 (Cth) of Australia
 ASIC is means Australian Securities and Investment Commission
 Here, the Company is defined Aslon Pty Ltd, A.B.N. 587 875 454 84
 The directors of the company are entitled under this company also. They have elected by
the members of the board.
 The Constitution of the Organizing
 The Seal is defined the official seal or common seal of the organization
 The corporate body, Shareholders and other board members of the Organization.
Interpretation
The Corporation Act 2001 (Cth) has been described the rights to register the proprietor company
under the section 117. While registration of the company it must include
 The Proposed name of the organization
 The address of the new registered company
 The purpose of the registration under the Government of Australia

3LAW OF BUSINESS ORGANISATION
 The detail information of the board members who are related with the organization
 The number of class of shares which are agreed by the members according to the terms of
CA
 Amount of the capital shares which are entitled to the shareholders
Issue of Shares
The CA has been described the rights to issue the preference shares under section 254A clause
2. It is also entitled with the profit dividends, voting, share capital and surplus assets.