Mountain Co. Ltd. is a small public company limited by shares formed in September 2020 which
adopts the Model Articles for public companies limited by shares as its articles of association.
Mountain Co. Ltd. does not have much profit and it now wants to raise more share capital but
does not want to spend a lot of cost on raising more share capital. Mountain Co. Ltd. seeks your
advice on the possible ways for it to raise more share capital. Mountain Co. Ltd. also wants to
know whether it can issue partly-paid shares.
Jackson holds some share warrant for bearer shares issued by Cave Co. Ltd. in September 2012.
His wife, Sally, holds some stock issued by Cave Co. Ltd. in July 2013. Jackson and Sally now
hear that the Companies Ordinance (Cap.622) affects the share warrant for bearer shares and
stock of a company. Jackson and Sally want to seek your advice on their situation.
Waterfall Co. Ltd. is a private company limited by shares formed in April 2021 which adopts
the Model Articles for private companies limited by shares as its articles of association. Olivia
signed a contract of sale to purchase 5,000 $10 ordinary shares from Jackson, an existing
shareholder of Waterfall Co. Ltd. Olivia lodged the proper instrument of transfer and the
stamped sellers share certificate to Waterfall for registration on 4 January 2023. However, Olivia
had not yet received the share certificates from Waterfall Co. Ltd. Olivia tried to inspect and get
a copy of the register of members two days ago but she was refused by Waterfall Co. Ltd. on the
ground that Olivia was not a member. Olivia wants to confirm whether she is a registered
shareholder of Waterfall Co. Ltd. or not. Olivia also wants to know whether she can inspect the
register of members of Waterfall Co. Ltd. and to have a copy of the register of members.
Advise Mountain Co. Ltd., Jackson, Sally and Olivia concerning the above-mentioned issues
according to corporate law respectively..
Mountain Co. Ltd. is a small public company limited by shares formed.pdf
1. Mountain Co. Ltd. is a small public company limited by shares formed in September 2020 which
adopts the Model Articles for public companies limited by shares as its articles of association.
Mountain Co. Ltd. does not have much profit and it now wants to raise more share capital but
does not want to spend a lot of cost on raising more share capital. Mountain Co. Ltd. seeks your
advice on the possible ways for it to raise more share capital. Mountain Co. Ltd. also wants to
know whether it can issue partly-paid shares.
Jackson holds some share warrant for bearer shares issued by Cave Co. Ltd. in September 2012.
His wife, Sally, holds some stock issued by Cave Co. Ltd. in July 2013. Jackson and Sally now
hear that the Companies Ordinance (Cap.622) affects the share warrant for bearer shares and
stock of a company. Jackson and Sally want to seek your advice on their situation.
Waterfall Co. Ltd. is a private company limited by shares formed in April 2021 which adopts
the Model Articles for private companies limited by shares as its articles of association. Olivia
signed a contract of sale to purchase 5,000 $10 ordinary shares from Jackson, an existing
shareholder of Waterfall Co. Ltd. Olivia lodged the proper instrument of transfer and the
stamped sellers share certificate to Waterfall for registration on 4 January 2023. However, Olivia
had not yet received the share certificates from Waterfall Co. Ltd. Olivia tried to inspect and get
a copy of the register of members two days ago but she was refused by Waterfall Co. Ltd. on the
ground that Olivia was not a member. Olivia wants to confirm whether she is a registered
shareholder of Waterfall Co. Ltd. or not. Olivia also wants to know whether she can inspect the
register of members of Waterfall Co. Ltd. and to have a copy of the register of members.
Advise Mountain Co. Ltd., Jackson, Sally and Olivia concerning the above-mentioned issues
according to corporate law respectively.
