Introduction

The following student learning activity is designed to consolidate your knowledge of the process involved in allotment of shares by private companies registered under the Companies Act 2006. The individual questions require you to consider and apply information contained primarily in para 11.2 of Business Law. (Note that an allotment by a company registered under the 1985 Act raises a number of different issues – see the summary at para 11.2.8 for an explanation of these differences.)

A simple fact pattern follows requiring you to deal with a matter. Based on this, you will be asked a number of questions designed to make you consider the issues which arise on an allotment of shares. A correct answer will allow you to move on to the next question and may also provide you with further facts relevant to your activity. If you answer incorrectly, you will receive feedback designed to assist you in coming to the correct answer. Feedback may include references to appropriate paragraphs in the book. Some questions may require multiple answers.

Elements of a number of the correct answers will build to provide you with a printable record of the steps by which you dealt with the matter.