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Register a Non Liability Company. Note SECTION 117(1) and (2) And Form 201..
Dont forget the various consents.
The companys internal management rules must be the replaceable rules Note sections 134 and 135 but the company must also have a constitution which complies with SECTION 112(1) and (2) (Non Liability Company).
The constitution must also create a class redeemable preference shares Note SECTIONS 254A (2) and (3)
PART 2 Word limit 400 WORDS
Research the maintenance of capital doctrine. You must research the history of doctrine (support your research with case analysis explain the benefits of the doctrine and finally research and explain the exceptions of the doctrine
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