Companies Act 2006

Question 1

Formation

Answer 1

s.16(2) Made simple and cheap through the registration of documents with the Registrar of Companies

Question 2

Constitution

Answer 2

Before CA 2006 -
1) Memorandum of Association, basic info ie name, jurisdiction of incorp, limited/unlimited.

2) Article of Association, set out rules for internal management

After CA 2006 -
One doc, Articles of Association, mem is now the form used for registering a company

Question 3

Legal personality

Answer 3

s.16(2) The subscribers to the memorandum, together with such other persons as may
from time to time become members of the company, are a body corporate by
the name stated in the certificate of incorporation.

Question 4

Limited Liability

Answer 4

s.3(2) ‘liability of members is limited to the amount, if any, unpaid on the shares respectively held by [members]’