[简答题]In relation to formation of a limited liability company: (a) Describe the procedures that must be followed to establish a limited liability company. (6 marks)

[简答题]In relation to formation of a limited liability company: (b) Explain the matters that must be considered when choosing the name of a new limited liability company. (4 marks)

[简答题]In relation to the formation of a limited liability company: (a) Explain the statutory requirements in respect of the transfer of ownership of assets from the members to the company. (5 marks)

[简答题]In relation to limited liability companies, explain the rights and obligations of members where the company has two or more members. (10 marks)

[简答题]In relation to the formation of a company limited by shares, explain the provisions of the Federal Law on Companies imited by Shares applicable to: (a) The founders of a company. (5 marks)

[简答题]In relation to limited liability companies: (b) Explain the provisions of the Civil Code in respect of the matters that can only be decided by the shareholders of a limited liability company acting collectively in a general meeting. (5 marks)

[简答题]In relation to limited liability companies: (a) Explain the characteristics of a limited liability company. (5 marks)

[简答题]In relation to limited liability companies: (b) Describe the matters that must be included in the constitutional documents of a limited liability company. (4 marks)

[简答题]In relation to limited liability companies: (a) State and explain the essential features of a limited liability company. (6 marks)

[简答题]F&G Services Ltd is a private limited liability company. Fiona is a shareholder and director in F&G Services Ltd, holding 70% of its issued share capital. F&G Services Ltd is experiencing fi nancial diffi culties and Fiona believes that the company should issue shares at a discount in order to attract existing shareholders to subscribe for new shares. Fiona also contemplates the possibility of third parties investing in the company. Required: Advise Fiona as to how to proceed with her suggestions. (10 marks)

[简答题]ABC Limited is a private limited liability company having 99% of its issued shares subscribed to by John Abela and the remaining 1% by his brother Paul Abela. Paul Abela also holds the post of director together with his brother. Paul Abela passed away in January 2007 leaving his brother John Abela as his sole heir. Despite such events ABC Limited has continued to trade. Required: (a) Explain whether ABC Limited can continue to exist with a sole shareholder; and (4 marks)

[简答题]Fran, Gram and Hen registered a private limited company Ire Ltd in January 2005 with a share capital of €300, which was equally divided between them, with each of them becoming a director of the company. Although the company did manage to make a small profi t in its fi rst year of trading, it was never a great success and in its second year of trading it made a loss of €10,000. At that time Fran said he thought the company should cease trading and be wound up. Gram and Hen, however, were insistent that the company would be profi table in the long-term so they agreed to carry on the business, with Fran taking less of a part in the day-to-day management of the business, although retaining his position as a company director. In the course of the next three years Gram and Hen falsifi ed Ire Ltd’s accounts to disguise the fact that the company had continued to suffer losses, until it became obvious that they could no longer hide the company’s debts and that it would have to go into