Q&As

Under a company data retention policy, should the documents be retained in original, hard copy or electronic copy format?

Copyright © 2025 LexisNexis

Published by a LexisNexis Commercial expert

Published on: 03 June 2016

There is no specific regulation governing which documents should be retained in original hard copy format. You should consider the purpose and context of the document to determine how the retention requirements will differ; understanding why each individual document is being retained is the key. Knowing the specific purpose will be helpful for the organisation in making its decision as to whether the original, hard copy or electronic copy need to be retained. Most businesses will retain originals of

Powered by Lexis+^®

Jurisdiction(s):

United Kingdom

Key definition:

Company definition

What does Company mean?

Company denotes an association of individuals formed together for some common purpose.

Popular documents

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an

Glossary—Latin legal terms

Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin