Official NUC CCMAS syllabus

PPL 501 — Company Law I

4 units · PPL department course · Nigerian universities

What you'll be able to do (official learning outcomes)

• have the basic knowledge and understanding of the evolution, nature, forms and
• tell how law steps in to regulate activities of and within companies
• describe the legal framework on the forms of business organisations in Nigeria and the
• appreciate the legal basis for corporate power structure; understand the key stakeholders
• comprehend the framework for raising capital by companies; the regulators of various
• appreciate the principles and procedures for the liquidation of companies

Course contents

Forms of Business Organization; Sole Proprietorship; Partnership; Incorporated Companies; Creation and Incidents. Formation of companies; Certificate of Incorporation; Pre – incorporation contracts; promoter’s liability. Memorandum of Association; Doctrine of Ultra – Vires; alteration of Memorandum and the Objects clause. Articles of Association; Contractual effect of Memorandum and Articles; Alteration of Articles. doctrine of constructive notice and in-house management. A prospectus; statement instead of prospectus; Remedies for Misrepresentation. R egulation of company matters: Corporate Affairs Commission (CAC), Securities and Exchange Commission (SEC).

Source: the Nigerian Universities Commission (NUC) Core Curriculum and Minimum Academic Standards (CCMAS). StudyOps loads this syllabus automatically when you study PPL 501.

More PPL courses

• PPL 301 · Law of Torts I
• PPL 302 · Law of Torts II
• PPL 358 · Property Law I
• PPL 403 · Equity and Trusts I
• PPL 404 · Equity and Trusts II
• PPL 405 · Property Law I
• PPL 406 · Property Law II
• PPL 502 · Company Law II