The following Corporate news provides comprehensive and up to date legal information on Changes to exemption for companies from filing audited financial statements
Separate legal personality and the corporate veilCorporate legal personality—the Salomon principleA properly formed registered company is a separate...
A company’s constitutionWhat is a company's constitution?A company’s 'constitution' is defined under the Companies Act 2006 (CA 2006) as...
Allotment and issue of shares—fundamentalsSTOP PRESS: A significant restructuring of the UK listing regime came into effect on 29 July 2024, which...
Private companies limited by sharesThis Practice Note summarises the main features of a private company limited by shares. It also covers key...
Can directors in a private limited company have weighted voting rights at board meetings?Although we have limited this answer to cover private companies limited by shares, it is worth noting that there are specific regulatory issues which arise with listed companies which may prevent such companies
Can a director grant a power of attorney to another director?This Q&A considers whether a director is able to grant a power of attorney to another director of the same company in light of the general rule that a director cannot delegate the functions of his office.Generally, the office of
What is the procedure for reconstitution of a company's statutory books that have been lost/destroyed?Due diligenceIn this Q&A we have assumed that the company in question is a private company limited by shares.If a company has lost all statutory books, or they have been destroyed, the company
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
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