Transactions with directors

Transactions with directors guidance:

The Companies Act 2006 (CA 2006) contains provisions that require credit transactions for the benefit of directors, persons connected with directors and related...

Practice Note

The Companies Act 2006 (CA 2006) contains provisions relating to the consequences of a failure to obtain the required members' approval of credit transactions made by a...

Practice Note

A Alternate directorAn individual (whether another director or any other person) appointed by a director to exercise that director’s powers and carry out that director’s...

Practice Note

The Companies Act 2006 (CA 2006) requires any provision in a director's service contract under which the guaranteed term of the director's employment is, or may be,...

Practice Note

Ordinary resolution [That the term in the service contract proposed to be entered into between the Company and [insert name of director] providing that the period during...

Precedents

ORDINARY RESOLUTION [That the term in the service contract proposed to be entered into between the Company’s subsidiary, [insert name of subsidiary], and [insert name of...

Precedents

The Companies Act 2006 (CA 2006) contains provisions that require loans from a company to its directors or persons connected with its directors and related arrangements...

Practice Note

The Companies Act 2006 (CA 2006) contains provisions relating to the consequences of a failure to obtain the required members' approval of loans made by a company to...

Practice Note

Ordinary resolution [That the payment of [insert amount] proposed to be made by the Company to [insert name of director], a director of the Company, as compensation for...

Precedents

Ordinary resolution [That the payment of [insert amount] proposed to be made by the Company to [insert name of director], a director of the Company, as compensation for...

Precedents

Ordinary resolution [That the credit transaction pursuant to which [insert details of credit transaction] proposed to be entered into by the Company for the benefit of...

Precedents

Ordinary resolution [That the loan for the amount of [insert amount of loan] proposed to be made by the Company to [insert name of director], a director of the Company,...

Precedents

ORDINARY RESOLUTION That the payment of [insert amount] proposed to be made by the Company to [insert name of director], a director of the Company, as compensation for...

Precedents

Ordinary resolution [That the quasi-loan for the amount of [insert amount of quasi-loan] proposed to be made by the Company to [insert name of director], a director of...

Precedents

Ordinary resolution [That the payment of [insert amount] proposed to be made by [insert name of subsidiary company] to [insert name of director], a director of the...

Precedents

Ordinary resolution [That the credit transaction pursuant to which [insert details of credit transaction] proposed to be entered into by [insert name of subsidiary...

Precedents

Ordinary resolution [That the loan for the amount of [insert amount of loan] proposed to be made by [insert name of subsidiary company] to [insert name of director], a...

Precedents

ORDINARY RESOLUTION [That the quasi-loan for the amount of [insert amount of quasi-loan] proposed to be made by [insert name of subsidiary company] to [insert name of...

Precedents

Ordinary resolution [That the payment of [insert amount] proposed to be made by the Company to [insert name of director], a director of [insert name of holding company],...

Precedents

Ordinary resolution [That the payment of [insert amount] proposed to be made by the Company to [insert name of director], a director of [insert name of holding company],...

Precedents

The Companies Act 2006 (CA 2006) contains provisions relating to payments made by a company to a director as compensation for loss of office. Shareholder approval is...

Practice Note

The Companies Act 2006 (CA 2006) contains provisions relating to payments made by a company to a director for loss of office in connection with a share transfer resulting...

Practice Note

The Companies Act 2006 (CA 2006) contains provisions that require payments made by a company to a director for loss of office in connection with the transfer of the whole...

Practice Note

The Companies Act 2006 (CA 2006) contains provisions that require quasi-loans to directors, persons connected with directors and related arrangements to be approved by...

Practice Note

The Companies Act 2006 (CA 2006) contains provisions relating to the consequences of a failure to obtain the required members' approval of quasi-loans made by a company...

Practice Note

There are rules within the Listing Rules (LR) of the Financial Conduct Authority (FCA) governing related party transactions which apply to companies with a premium...

Practice Note

THAT the directors be authorised to [advance by way of loan OR provide] an amount not exceeding £50,000 when aggregated with the value of all other Relevant Transactions...

Precedents

ORDINARY RESOLUTION [That the acquisition by [insert name of the director of the Company or the person connected with such a director], [a director of the Company OR a...

Precedents

ORDINARY RESOLUTION [That the acquisition by [insert name of the director of the Company or the director of the Company’s holding company or the person connected with...

Precedents

The Companies Act 2006 (CA 2006) contains provisions that restrict and control substantial property transaction entered into between a company and its directors (see...

Practice Note
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