Company and Partnership Law

Company and Partnership Law offers students a comprehensive exploration of the legal principles governing business entities, focusing on companies and partnerships. This course aims to provide students with a detailed understanding of the forms of business organisation, legal personality, corporate veil, company formation, capital structure, insider dealings, minority and majority rights, corporate management, directors' duties, corporate governance, and the intricacies of liquidation.

1. Introduction
The introductory module provides an overview of the module's scope, emphasising the importance of understanding the legal structures and principles governing companies and partnerships. Students delve into the historical development of company and partnership law and the key concepts that underpin these business entities.

2. Forms of Business Organisation
This section explores the various forms of business organisation, including sole proprietorship, partnership, and companies. Students examine the characteristics, advantages, and disadvantages of each form, laying the groundwork for more detailed discussions on companies and partnerships.

3. Legal Personality
Legal personality is a foundational concept in company law. This module delves into the idea that a company has a distinct legal personality separate from its members, exploring the implications of this separation for rights, liabilities, and legal standing.

4. Corporate Veil
The corporate veil is a crucial aspect of legal personality. Students examine the circumstances under which the corporate veil may be lifted, exposing shareholders to direct liability. The module explores the legal principles and implications associated with piercing the corporate veil.

5. Company Formation
Company formation is a key process in company law. This module provides a detailed analysis of the steps involved in forming a company, the legal documents required, and the regulatory compliance associated with this process.

6. Equity Capital
Equity capital is a fundamental aspect of corporate financing. Students explore the issuance of shares, rights issues, and other mechanisms through which companies raise equity capital, understanding the rights and obligations of shareholders.

7. Debt Capital
Debt capital involves the use of borrowed funds by companies. This module examines the legal aspects of raising debt capital, including the issuance of debentures and the rights and responsibilities associated with borrowing.

8. Debenture
This section focuses specifically on debentures, exploring their characteristics, types, and the legal implications for both the company and debenture holders. Students also examine the creation and enforcement of debenture trusts.

9. Capital
Capital structure is a critical consideration for companies. Students explore the legal aspects of managing and altering the company's capital structure, including share buybacks, reductions of capital, and the legal procedures involved.

10. Dealing with Insiders
This module examines transactions and dealings involving insiders, such as directors and majority shareholders. Students explore the legal principles governing related party transactions, conflicts of interest, and the safeguards in place to protect the company and minority shareholders.

11. Class Rights
Class rights pertain to the different rights attached to various classes of shares. Students delve into the legal framework governing the creation, alteration, and protection of class rights, ensuring equitable treatment of shareholders.

12. Majority Rule
Majority rule is a fundamental principle in corporate decision-making. This module explores the legal implications of majority decisions, including the power of shareholders to make key corporate decisions and the limitations on majority rule.

13. Minority Protection
Protecting minority shareholders is a crucial aspect of company law. Students examine legal mechanisms and remedies available to minority shareholders to ensure fair treatment within the company structure.

14. Dealing with Outsiders
This section explores transactions and interactions with external parties. Students examine the legal aspects of contracts, the liability of companies for the acts of agents, and the principles guiding the company's dealings with outsiders.

15. Corporate Management
Corporate management involves decision-making at the managerial level. This module explores the legal aspects of managing a company, including the role and powers of directors, the delegation of authority, and the legal principles guiding managerial decisions.

16. Directors’ Duties
Directors have fiduciary duties to the company and its shareholders. Students delve into the legal framework governing directors' duties, including the duty of care, duty of loyalty, and the consequences of breaches.

17. Corporate Governance
Corporate governance is a critical aspect of company law. This module examines the principles and structures that guide corporate governance, including the role of shareholders, the board of directors, and the mechanisms for ensuring accountability and transparency.

18. Liquidation
The final module explores the legal processes associated with the dissolution of a company. Students examine the various forms of liquidation, the rights of creditors, and the legal implications for shareholders and directors during the liquidation process.

Through an in-depth analysis of these key topics, students will develop the knowledge and skills necessary to navigate the complex legal landscape of company and partnership law, with a focus on both theory and practical application. This course not only provides a solid foundation in company and partnership law but also encourages students to consider the broader ethical, regulatory, and practical dimensions that shape the legal landscape for business entities.
Back to blog

UOL Case Bank

Upon joining, you become a valuable UOL student and gain instant access to over 2,100 case summaries. UOL Case Bank is constantly expanding. Speed up your revision with us now.

Subscribe Now

Where are our students from?

Yale University
Council of Europe
Baker Mckenzie 
University of Chicago
Columbia University
New York University
University of Michigan 
University College London (UCL)
London School of Economics (LSE)
King’s College London (KCL)
University of London
University of Manchester
University of Zurich
University of York
Brandeis University
University of Exeter
University of Sheffield
Boston University
University of Washington
University of Leeds
University of Law
Royal Holloway, University of London 
Birkbeck, University of London
SOAS, University of London
University of Kent
University of Hull
Queen’s University Belfast
Toronto Metropolitan University
Hong Kong University of Science and Technology
University of Buckingham
ESSEC Business School

  • Criminal Practice

    Diagrams and Charts

    Our carefully designed diagrams and charts will guide you through complex legal issues.

  • Criminal Law

    Clear and Succinct Definitions

    Key concepts are concisely defined to help you understand legal topics quickly.

  • Property Law

    Statutory Provisions

    Statutory provisions are provided side by side with legal concepts to help you swiftly locate the relevant legislation.

  • Public Law

    Case Summaries

    We have summarised important cases for you so that you don't need to read long and boring cases.

  • Evidence

    Rules and Exceptions

    Rules and exceptions are clearly listed so that you know when a rule applies and when it doesn't.

  • Company Law


    Legal terms and key concepts are explained at the beginning of each chapter to help you learn efficiently.

  • Case Law

    Case law is provided side by side with legal concepts so that you know how legal principles and precedents were established.

  • Law Exam Guide

    Law Essay Guide

    You will learn essential law exam skills and essay writing techniques that are not taught in class.

  • Law Exam Guide

    Problem Question Guide

    We will show you how to answer problem questions step by step to achieve first-class results.

  • Conflict of Laws

    Structured Explanations

    Complex legal concepts are broken down into concise and digestible bullet point explanations.

  • Legal System and Method

    Legal Research

    You will learn legal research techniques with our study guide and become a proficient legal researcher.

  • Jurisprudence and Legal Theory


    All essential concepts, principles, and case law are included so that you can answer exam questions quickly.