Gain a thorough understanding of share capital, offering practical guidance on managing equity structures and shareholder relations.
The Financial Reporting Council (FRC) has published its Plan and Budget for 2026–27, introducing a new Audit Supervision Approach with more...
The Financial Conduct Authority (FCA) has published Handbook Notice No 139, which includes changes to the FCA Handbook and other material made by the...
This week's edition of Corporate weekly highlights includes: FRC introduces a revised approach to audit supervision, Gardner Aerospace Holdings Ltd...
The Financial Reporting Council (FRC) has launched a re-consultation on proposed revisions to International Standard on Auditing (ISA) (UK) 250 and...
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...
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
What are the legal consequences for a company if it registers a stock transfer form that has not been stamped and in relation of which no stamp duty has been paid?Broadly, stamp duty is payable on documents and instruments, rather than in respect of a transaction. UK stamp duty is most commonly
Is it possible for bonus shares to be allotted and issued at a premium?A bonus issue of shares is the allotment and issue by a company of shares to its existing shareholders, usually on the basis that they are fully paid at the time of issue, without any payment being required by shareholders for
How to carry out a share buybackSTOP PRESS: A significant restructuring of the UK listing regime came into effect on 29 July 2024, which included the removal of the premium and standard listing segments and the creation of a single listing category for equity shares in commercial companies. The
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