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Introduction to Business Law

Introduction to Business Law (5th edn)

Lucy Jones
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date: 24 May 2024

p. 45216. Company Law I

Formation and Financelocked

p. 45216. Company Law I

Formation and Financelocked

  • Lucy JonesLucy JonesDeputy Head, Brighton Business School, University of Brighton, University of Brighton
  • Published in print: 05 August 2019
  • Published online: September 2019


This chapter explains how companies limited by shares are formed and looks at the contents of companies’ constitutions. The discussions cover the role of promoters in setting up a company and the meaning of a company ‘off the shelf’. The chapter examines the steps and documentation necessary to register a new company limited by shares and the rules relating to a company’s name. It discusses the constitutional documents of a company and the rules relating to its constitution. The chapter concludes with a discussion of the financing of companies. It examines the different types of shares and the issuing of shares. It also considers debentures and charges.

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