Lecture
This lecture covers essential aspects of company law, focusing on capital requirements and shareholder rights. It begins with a discussion on the minimum capital needed to form a corporation, highlighting the implications of nominal and market values of shares. The instructor explains the different types of shares, including registered and bearer shares, and their respective rights and limitations. The lecture also addresses the process of capital increases, the powers of the general meeting, and the role of the board of directors in corporate governance. Additionally, it delves into the responsibilities and liabilities of directors, emphasizing the importance of compliance with statutory duties. The session concludes with a discussion on the protection of capital and the implications of financial distress for companies, providing a comprehensive overview of the legal framework governing corporate entities.