+44 1792 602371
Jurisprudence involves the investigation of key questions relating to the nature of law, its role and purpose in society and its relationship to other social phenomena such as morality, politics and economics. Law, in general, is an intrusive element in the lives of individual citizens, requiring them to act in certain ways which they may not wish, prohibiting them from doing certain things which they may desire, and punishing them, sometimes quite severely, if they fail or refuse to abide by its rules. The law is a powerful instrument wielded by a select number of members of society, and as such, it may be susceptible to abuse and misuse to the detriment of general social welfare and individual personal well-being. For this reason, it is essential for any legal student, practitioner, adjudicator, policy-maker and legislator to have a clear appreciation of the manner in which the law operates as an instrument of social control and social engineering, to be able to determine its scope and limits, and to be able to evaluate its actual and potential consequences. The study of Jurisprudence enables the student to take a step back from the individual legal subjects and the black letter of the law, to consider the nature of law in general, to analyse how its various branches, institutions and rules develop and interact, and to be able to have a coherent overview of the nature, purpose, goals and impact of their chosen discipline and profession
This module builds upon matters introduced in the first module ¿ Company Law 1 ¿ which is a pre-requisite for this one. The module will clarify the principles and structures of corporate governance, the concept of separation of ¿ownership¿ and ¿control¿ of the company and the rationale of the division of powers between the board of directors and the shareholders in general meeting. It will explain the distinction between the rights of members and the rights of the company as a separate legal person, as well as the rules governing the processes by which these may be protected. It will consider the consequences of disqualification for errant directors whose conduct may render them unfit to be engaged in the management of companies generally, and will also look at the role and responsibilities of other important officers of the company, such as the company secretary and auditors. Finally the module will deal with the process by which a company may be wound up and its existence brought to an end, paying particular attention to the role of the liquidator and the distribution of the assets of the company.