chapter  1
34 Pages

INTRODUCTION TO COMPANY LAW

Company law and company law scholarship have grown rapidly in volume in recent years making it unrealistic to cover the whole of even ‘core’ company law (a term explained in the next section) in what is usually little more than two terms if students are to achieve understanding rather than acquire a superficial level of knowledge. Three filters commonly used to limit the volume of material covered are adopted in this book, which focuses on:

 companies formed to run businesses for profit, not companies formed for charitable or other non profit-making purposes;

 registered limited liability companies with a share capital rather than other types of registered company such as unlimited companies or companies limited by guarantee;

 the Companies Act 2006, with limited coverage of securities regulation (also known as capital markets law or financial services law) or insolvency law.