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Practice notes
Protection of minority members—a quick guideA minority member in a company does not have much power to influence its management or any majority...
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19th May
Practice notes
Co-operative and community benefit societiesWhat is a co-operative or community benefit society?A co-operative society or community benefit society...
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19th May
Practice notes
Separate legal personality and the corporate veilCorporate legal personality—the Salomon principleA properly formed registered company is a separate...
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19th May
Practice notes
AIM Rules for Companies—Rules 12, 13, 14, 15 and 16—disclosure of corporate transactionsThis Resource Note outlines the main provisions of Rules 12,...
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19th May
Practice notes
Returning capital to shareholders—B share schemesWhat is a B share scheme and why is it used?A B share scheme is one method used by UK companies to...
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Produced in partnership with Glafkos Tombolis 19th May
Practice notes
DTR Resource Note—DTR 5—Vote Holder and Issuer Notification RulesThis Resource Note outlines the main provisions of Chapter 5 of the Disclosure...
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19th May
Practice notes
Redemption of shares—procedureThis Practice Note describes the procedure for a limited company to carry out redemption of its redeemable...
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19th May
Practice notes
The Duomatic principleThe principle definedCompany decisions are made by way of resolutions of the shareholders. There are three ways in which a...
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Produced in partnership with Philip Hinks of 3 Verulam Buildings (3VB) 19th May
Practice notes
The effect of a private company redemption of shares, including post-redemption stepsCoronavirus (COVID-19): Following the coronavirus (COVID-19)...
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19th May
Practice notes
Acting in concertProduced with input from Rebecca Cousin of Slaughter and May on market practice.This Practice Note summarises the rules and guidance...
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19th May
Practice notes
Payments for a director’s loss of office—transfer of an undertakingThe Companies Act 2006 (CA 2006) contains provisions that require payments made by...
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19th May
Practice notes
G20/OECD Principles of Corporate GovernanceThis Practice Note discusses the Principles of Corporate Governance (Principles) published by the Group of...
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Produced in partnership with Professor Brenda Hannigan of University of Southampton 19th May
Practice notes
Financial assistance—a quick guideThe Companies Act 2006 (CA 2006) prohibits: •a public company (or its subsidiary) from giving financial assistance...
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19th May
Practice notes
Quasi-loans to directors, connected persons and related arrangements—requirement to obtain members’ approvalThe Companies Act 2006 (CA 2006) contains...
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19th May
Practice notes
Drafting and negotiating ancillary documents in a share purchase transactionThis Practice Note is part of the Share purchase transaction toolkit.In...
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19th May
Precedents
The Directors[insert company name][insert company address][insert date]Dear Directors,[insert company name] Limited (the Company)[I, OR We,][insert...
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19th May

Most recent Types of UK company content

Q&As
What is an affiliate or an affiliated person?The definition of ‘affiliate’ or ‘affiliated’ in relation to corporate relationships will depend on the...
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7th Jul
Q&As
Can a company limited by guarantee pay dividends? If so, in what proportion should they be paid to members?For the purposes of this Q&A, we have...
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5th Jun
Q&As
Is a parent company liable for the acts or omissions of its subsidiary?A parent company is not responsible for the acts or omissions of its subsidiary...
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5th Jun
Q&As
Has the Regulator issued any guidance for community interest companies during the coronavirus (COVID-19) crisis?On 30 March 2020, the Office of the...
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5th Jun
Q&As
How would an unregistered company transfer shares?An unregistered company is a rare form of incorporated company that is not formed or registered...
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5th Jun
Q&As
What does an unlimited company need to consider when reducing its capital?Limited companies have rules regarding capital maintenance in order to...
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5th Jun
Q&As
If you have been trading as a sole trader and wish to change your business structure and start trading as a company, whom do you have to notify about...
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5th Jun
Q&As
Can some members of a company limited by guarantee (in this case junior members of a tennis club) be exempt from the liability to contribute to the...
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5th Jun
Q&As
What needs to be considered when transferring an unlimited company and how is it done (both where the unlimited company has a share capital and where...
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5th Jun
Q&As
Can a community interest company accept a loan from a director?A community interest company (CIC) is a type of limited liability company formed...
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5th Jun
Q&As
Is it possible to amend the amount of guarantee given by the members of a company limited by guarantee, and if so, how?We have assumed the company...
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5th Jun
Q&As
What is the difference between a charitable incorporated organisation (CIO) and a company limited by guarantee?A charitable incorporated organisation...
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5th Jun
Q&As
Does a company limited by guarantee have to have members? If so, does it need to file updated membership information as part of the confirmation...
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5th Jun
Q&As
Can a private company with unlimited liability issue redeemable shares?If a company is formed with no limit on the liability of its members, the...
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5th Jun
Q&As
What is the difference between a holding or subsidiary company and a parent or subsidiary undertaking?Two distinct statutory concepts govern holding...
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5th Jun
Q&As
What is the definition of body corporate as used in s 1159 of the Companies Act 2006?Section 1159 of the Companies Act 2006 (CA 2006), for the...
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5th Jun
Q&As
What is a ‘subsidiary’ company?Section 1159 of the Companies Act 2006 (CA 2006) sets out the meaning of ‘subsidiary’, stating that:‘A company is a...
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5th Jun
Q&As
Does a private company limited by guarantee have to be a not-for-profit entity?The process for incorporating a company limited by guarantee is almost...
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5th Jun

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