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Commentary

108 Records of decisions by sole member

COMPANIES vol 10(1) Directors and Other Officers, Shareholders, Shares and Share Capital
COMPANIES vol 10(1) Directors and Other Officers, Shareholders, Shares and Share Capital | Commentary

108 Records of decisions by sole member

COMPANIES vol 10(1) Directors and Other Officers, Shareholders, Shares and Share Capital | Commentary

108 Records of decisions by sole member

Under the Companies Act 2006, any company may be incorporated with only one member1. One problem which arises with single member companies is that shareholder decisions will usually be made informally and therefore the Act requires the single member in this case to notify the company of any such decisions which would have been taken by the company in general meeting if there had been more than one member. Consequently, a sole member must provide the company with details of any decision he takes which could have been taken by the

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