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),...
Can a share certificate be executed by electronic means?This Q&A relates to certificated shares (ie not shares traded via the CREST system). It assumes no overseas legal (or cross-border) considerations arise.There is nothing that prohibits a share certificate being executed electronically (ie
Is there any difference between a dividend in specie and a distribution in specie?‘Distribution’ is given a very wide definition for the purpose of Part 23 of the Companies Act 2006 (CA 2006).It is every description of distribution of a company’s assets to its members, whether in cash or
Sub-division and consolidation of sharesSTOP PRESS—Impact of the Retained EU Law (Revocation and Reform) Act 2023: This document contains references to retained EU law (REUL) and associated terms introduced by the European Union (Withdrawal) Act 2018 in connection with Brexit. From 1 January 2024,
Class rights and variation of class rightsA company having a share capital may have different classes of share, with different rights attaching to each class. A company without a share capital may have separate classes of member holding different rights.The existence of different classes of share or
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