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),...
Quorum requirements for general meetings (including AGMs)This Practice Note summarises the law relating to quorum requirements for a company’s general meeting or annual general meeting (AGM) and discusses the minimum quorum requirements under the Companies Act 2006 (CA 2006) and the Model Articles
The Duomatic principleThe principle definedCompany decisions are made by way of resolutions of the shareholders. There are three ways in which a resolution of a company may be validly passed:•by use of the statutory written resolution procedure (for private companies only and subject to specified
Do abstentions ever count as a vote against?Whether or not an abstention would be included in the total votes from which a given majority was required may depend upon the wording of the entity’s constitution or articles of association. It may also depend on whether the vote is by a show of hands or
General meetings—notice requirements for private and unlisted public companiesA general meeting must satisfy certain requirements set out in the Companies Act 2006 (CA 2006) and the company's articles of association. These requirements include sending a notice of the meeting (which complies with the
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