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Company Law

2021-10-20 13:11:56

Author

Simon Paul Goulding was born in October 1977 and raised in the county of Lancashire. NW United Kingdom.

Started playing the bass at the age of 9 and studied with the great Jazz bassist Gary Culshaw.

BTEC National Diploma in Performing Arts. 1995-1997 Wigan & Leigh College.

After winning the performing arts school music prize on 2 consecutive years, Simon started working as a pro session musician at the age of 16 and has performed, toured, appeared on albums & recorded with many top artists in the world of music & entertainment such as:

The Bee Gees

Tito Jackson

Eric Marienthal

Snake Davis

Robbie Williams

Larry Gatlin

Joe Longthorne MBE

The Temptations

David Benoit

Freddie Starr

Engelbert Humperdinck

 

Editor

Simon’s Debut solo album ‘Familia’ and his 2nd album ‘Open Window’  has & continues to be featured on worldwide Radio: JAZZ FM, BBC Radio 2 & 3, BBC GMR Radio, BBC Radio Lancashire, BBC Radio Lincolnshire, Creative Chicago Radio, Jazz in All Keys, Fiesta Jazz. 106.7 PBS FM in Melbourne, Australia, W.I.U.C. in Ponce, Puerto Rico. Atlanta Smooth Jazz, VID90.3FM ‘Gala Jazz’, Ponce, Puerto Rico. Radio Planichie ‘Rumba y Son’, Lima, Peru, WEMU Michigan USA. Also featuring in the publications Jazztimes (USA), Musician, Bass player (USA), Bass guitar, Music professor (Germany), Bajista (Spain), Descarga (Latin America). Simon is also the 3rd year bass guitar tutor at the Royal Northern College of Music (RNCM) in Manchester UK.

Discription

Between 1844 and 1856, the legislature laid down the foundations of a form of business association which was to become the most important and powerful in the economy. This form of association was the registered company, the law relating to which is the concern of this book. The basic idea of using the registered company as a tool or medium for trade and commerce is straightforward. A company is formed or ‘incorporated’ by a promoter. Shares are issued by the company to shareholders (who are initially ‘the subscribers’ to the company’s constitution), who then enjoy control over the company by voting in meetings, in proportion to the number of shares they hold. The day to day running of the company’s business is then normally delegated to directors who are appointed by the shareholders and are usually, but not necessarily, from among their number. In the simplest model, the company acquires its money and assets by issuing shares. The consideration which is used to pay for the shares is then known as the ‘capital’. But, in many cases, the money provided by issuing shares is irrelevant to the amount of money which the company actually uses in its business, which will, in fact, be provided by loans. Even the corporators may, for instance, prefer just to take one share each and then lend money to the company under a formal loan.1 Crucially, any assets accumulated by the company are owned both legally and beneficially by the company alone and the shareholders have no direct interest in them at all. This is as a result of the fact that a registered company is an incorporated association and that, on its formation, a new legal personality, with its own legal rights and obligations, is created in addition to and separate from those persons who are associating together. It is this new personality or entity which owns the accumulated assets.2 As an illustration of this, a person who owns all the shares in a company can still be convicted of stealing from the company

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