PART 1
Register a proprietary limited company .you should refer to section 117 , complete an application form and prepare all relevant consents
You must have a share register for each class of shares - refer to section 169
Prepare a constitution: see section 134 & 135 so that your company 's internal management is governed by a combination of replaceable rules and a constitution . The constitution should make a provision for a class of preference shares
Students may be asked to explain how to complete their assignment
PART 2
1. Explain the reason and justification for section 254M ( 1)
2. Explain the reason and justification for section 254 D (1)
3. Explain the reason and purpose for section 117 (2 ) (d)