Directors and company secretaries

Featured guidance
Directors and company secretaries guidance:

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...

Practice Note

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...

Practice Note

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...

Precedents

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...

Precedents

[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...

Precedents

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....

Precedents

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...

Practice Note

The Companies Act 2006 (CA 2006) contains provisions that require credit transactions for the benefit of directors, persons connected with directors and related...

Practice Note

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...

Practice Note

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...

Practice Note

The directors [Insert name of company] ([Company]) [Insert address] [Insert date] Dear [Directors], General notification of interest in a proposed transaction or...

Precedents

The directors [Insert name of company][(Company)] [Insert address] [Insert date] Dear [Directors], Declaration of interest in a proposed transaction or arrangement In...

Precedents

The Directors [Insert name of company][(Company)] [Insert address] [Insert date] Dear [Directors], General notification of interest in an existing transaction or...

Precedents

The directors [Insert name of company] ([Company]) [Insert address] [Insert date] Dear [Directors], Declaration of interest in an existing transaction or arrangement In...

Precedents

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...

Practice Note

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...

Practice Note

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...

Precedents

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...

Practice Note

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...

Practice Note

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...

Practice Note

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...

Practice Note

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...

Practice Note

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...

Practice Note

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...

Practice Note

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...

Practice Note

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,...

Practice Note

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...

Practice Note

This Practice Note outlines the regulatory framework for remuneration of directors of quoted and unquoted traded companies against the current backdrop of increased...

Practice Note

This Practice Note focuses on the additional statutory and regulatory requirements applicable to UK listed companies in relation to directors’ service contracts, covering...

Practice Note

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...

Precedents
Trending Topics
In-House COVID-19