BLP - BM1 (converting shelf-company)

Question 1

Explain the structure for BM1 involving converting a shelf-company

Answer 1

1. NOTICE AND QUORUM
2. BACKGROUND
3. CHANGE OF DIRECTORS AND COMPANY SECRETARY
4. TRANSFER OF SHARES
5. GENERAL MEETING
6. FURTHER RESOLUTIONS
7. POST- MEETING MATTERS
8. CLOSE

Question 2

Describe the BM1 precedent from title up to and including notice and quorum

Answer 2

Question 3

Describe the ‘background’ section of BM1 for converting a shelf-company

Answer 3

Question 4

Describe the ‘change of directors and company secretary’ part of BM1

Answer 4

Question 5

Describe the ‘transfer of shares’ section of BM1

Answer 5

Question 6

Describe the ‘general meeting’ section of BM1

Answer 6

Question 7

Describe the ‘further resolutions’, ‘post-meeting mattes’ and ‘close’ sections of BM1

Answer 7