New Companies and Company Officers
Corporations Act – Structure
The Corporations
Act is the principal law governing the regulation and operation of
corporations registered in Australia and foreign corporate entities operating
in Australia.
The Act is divided...
Corporate Key Replacement
All companies are issued with a corporate key (in writing) when they
are incorporated.
The corporate key has to be used when lodging the following
documents with...
Conversion From Large Pty to Public Company
A “Proprietary” company can convert to a “Public” c ompany
(Corporations Act - section 162) by directors calling a shareholders’ meeting
(on minimum 21 days’ clear...
Conversion to Proprietary Company Type
A public
company (Limited or No Liability) can convert to a Proprietary Limited (“Pty
Ltd”)
company type if it meets ASIC’s requirements for such a company type...
Constitution: Change or Amendment – Pty Ltd Company
Since 1 July 1998 a
company’s “Memorandum & Articles of Association” have, together, been
called the “Constitution” and for Proprietary Limited companies there is
no longer a...
Constitution – Key Areas
When putting together
the Constitution of a company there are certain key areas/matters to be taken
into consideration/reviewed.
The Constitution is a document which formalises the division...
Constitution – Contents
INTERPRETATION.........................................................................................................
POWERS ........................................................................................................................
LIABILITY OF MEMBERS
..............................................................................................
SHARE CAPITAL
...........................................................................................................
UNISSUED CAPITAL
.....................................................................................................
PREFERENCE SHARES ................................................................................................
CLASSES OF
SHARES..................................................................................................
SHARES HELD ON TRUST ...........................................................................................
SHARE
CERTIFICATES.................................................................................................
LIEN................................................................................................................................
SALE OF SHARES SUBJECT TO LIEN
........................................................................
CALLS ON SHARES
......................................................................................................
TRANSFER OF SHARES
...............................................................................................
TRANSMISSION OF SHARES
.......................................................................................
FORFEITURE...
Constitution Checklist
A company which is listed on the ASX must include in its
constitution certain rules that comply with the ASX Listing Rules, in addition
to what...
Constitution
The
operation of most companies is generally governed by a Constitution (prior to
1998 known as Memorandum & Articles of Association) in which are set down
rules...
Company Secretarial Services – Proprietary Company
You have enquired
about providing company secretarial services, and the cost thereof, to an
unrelated proprietary limited company.
However, before I can begin to answer your question...
Company Web-Site
In my opinion, ‘these days’ it is ‘best practice’orf all active
companies to register a domain name, have a web-site and, as an ancillary
matter, provide...
Use of Company Type
I confirm
that the company must indicate its ‘type’by adding to the end of its name, and
using in most cases/situations, the words ‘Proprietary Limited’ (or...