The following Tax news provides comprehensive and up to date legal information on Tax update spring 2025—Tax analysis
Sub-division and consolidation of sharesCoronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, some Companies House filing and other...
A company’s constitutionWhat is a company's constitution?A company’s 'constitution' is defined under the Companies Act 2006 (CA 2006) as...
Removal of a directorThis note should be read in conjunction with Practice Note: Appointment, retirement and resignation of a director.For an...
Takeover Code—Rule 34—Right of withdrawalThis Resource Note outlines the main provisions of Rule 34 of The City Code on Takeovers and Mergers (Code),...
Directors' duties—directors' interests: CA 2006, ss 175–177The main Directors’ duties developed by the courts were set out in statute for the first time in sections 171–177 of the Companies Act 2006 (CA 2006), and all of those statutory duties (general duties) are set out in Practice Note:
Declaration of a director's interests—the statutory provisionsA director who is in any way, directly or indirectly, interested in:•a proposed transaction or arrangement with the company of which they are a director, or•a transaction or arrangement that has been entered into by the company of which
What is the difference between a managing director and a director? Does a managing director have more powers than a normal director?Company law makes no distinction between a managing director and any other kind of director, and provides no definition of the term ‘managing director’. The company law
Directors’ board meetings—fundamentalsUnlike company general meetings and annual general meetings (AGMs), there are no specific provisions in the Companies Act 2006 (CA 2006) regulating board meetings or prescribing who can call a board meeting or any notice period that has to be given to directors
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