The UK Corporate Governance Code (UKCG Code) of the Financial Reporting Council (FRC) sets out standards of good governance in relation to board appointments and...
BREXIT IMPACT: The information to be given when appointing a corporate secretary will be affected by Brexit. For further details, see Impact of Brexit on appointment of...
1 Directors’ conflicts of interest 1.1 Subject to the provisions of the Companies Act 2006 and provided that they have disclosed to the directors the nature and extent of...
Company number: [insert number] [insert company name] [LIMITED OR PLC] Minutes of a meeting of the board of directors (the Meeting) of [insert full name of company] (the...
[insert company name] [LIMITED OR PLC] Minutes of a meeting of the board of directors of [insert full name of company] (the Company) held at [insert place of meeting] on...
Every director of a company owes a number of duties to the company they are appointed to. Many of those duties have been developed by the courts over hundreds of years....
Definition A public company must have a company secretary (as required by section 271 of the Companies Act 2006 (CA 2006)), who must have the requisite knowledge and...
The Companies Act 2006 (CA 2006) contains provisions that require credit transactions for the benefit of directors, persons connected with directors and related...
The Companies Act 2006 (CA 2006) contains provisions relating to the consequences of a failure to obtain the required members' approval of credit transactions made by a...
Definition of 'director' The Companies Act 2006 (CA 2006) broadly defines a director as 'any person occupying the position of director, by whatever name called'. Within...
The directors [Insert name of company] ([Company]) [Insert address] [Insert date] Dear [Directors], General notification of interest in a proposed transaction or...
The directors [Insert name of company][(Company)] [Insert address] [Insert date] Dear [Directors], Declaration of interest in a proposed transaction or arrangement In...
The Directors [Insert name of company][(Company)] [Insert address] [Insert date] Dear [Directors], General notification of interest in an existing transaction or...
The directors [Insert name of company] ([Company]) [Insert address] [Insert date] Dear [Directors], Declaration of interest in an existing transaction or arrangement In...
A director who is in any way, directly or indirectly, interested in: • a proposed transaction or arrangement with the company of which they are a director, or • a...
A director who is in any way, directly or indirectly, interested in: • a proposed transaction or arrangement with the company of which they are a director, or • a...
1 Declaration of interests 1.1 [The Chair drew the attention of the Meeting to: 1.1.1 [a declaration of interest by notice in writing from [insert name of director] dated...
This Practice Note describes the criminal offences that are of most relevance to company directors, and: • focuses on offences which an individual commits as a principal...
A director of a company limited by shares is exposed to a wide range of potential liabilities that could arise as a result of their acts or omissions carried out during...
Directors, and in some cases shadow directors, owe numerous duties to a company. Many of those duties have been developed by the courts over hundreds of years from more...
Directors are the agents of a company who manage its day-to-day business and owe a number of duties to it. Many of those duties have been developed over hundreds of years...
The main directors’ duties developed by the courts were set out in statute for the first time in the Companies Act 2006 (CA 2006), ss 171–177 and all of those statutory...
The main directors’ duties developed by the courts were set out in statute for the first time in sections 171–177 of the Companies Act 2006 (CA 2006), and all of those...
Directors are the agents of a company who manage its day-to-day business and owe a number of duties to it. The Companies Act 2006 (CA 2006) codified for the first time...
The duty to promote the success of the company is one of the general duties owed to a company by its directors under the Companies Act 2006 (CA 2006). For an introduction...
The Companies Act 2006 (CA 2006) requires any provision in a director's service contract under which the guaranteed term of the director's employment is, or may be,...
Company directors are not, by virtue only of their office as director, automatically entitled under company law to remuneration for services as a director or to...
This Practice Note outlines the regulatory framework for remuneration of directors of quoted and unquoted traded companies against the current backdrop of increased...
This Practice Note focuses on the additional statutory and regulatory requirements applicable to UK listed companies in relation to directors’ service contracts, covering...
Ordinary resolution [That the term in the service contract proposed to be entered into between the Company and [insert name of director] providing that the period during...
