Companies Act 2006

  

The Companies Act 2006 received Royal Assent in November 2006 and all its provisions will be implemented by October 2009.

 

In 1,300 clauses the new Act represents a major overhaul and consolidation of existing company law.

 

We have issued a series of information sheets which summarise different provisions of the Act now in force. To view these click on the links below.

 

purple bullet Overview  
  The Companies Act 2006 represents a major overhaul and consolidation of existing company law. This information sheet summarises the legislative changes under the Companies Act 2006... more...
purple bullet Paperless communications
  The Act permits use of electronic and website communications. This information sheet higlights how companies and their members should communicate electronically and how they can communicate in a 'paper-free' way... more...
purple bullet Directors' duties
  The Act sets out seven core duties for directors which come into effect in October 2008. This information sheet highlights what actions directors need to take with regards to their duties and the consequences of a breach... more...
  For a comprehensive guide to director duties click here  
purple bullet Directors' relations with the company
  Under the Act shareholders have enhanced rights to control and monitor directors' service contracts within the company. This information sheet summarises the new provisions relating to directors' contractual relations with the company which came into effect on 1 October 2007... more...
purple bullet Shareholders' meetings and resolutions

 
  The Act impacts significantly on how companies can pass resolutions. This information sheet looks at how the new law allows companies, particularly private companies, to reduce the administrative burden of governing their affairs... more...
purple bullet Private companies – amendment to existing articles of association

 
  The information sheet summarises the main changes to existing articles of association of private limited companies. It suggests basic checks you should make as a result of the changing legislation... more...
purple bullet Implications for the Companies Act 2006 on charitable companies

 
  Charitable companies should be aware of the changes brought in to date and will be able to take advantage of new rules affecting members to ease company administration.  A number of the new rules apply irrespective of provisions in your charity's current articles of association... more...

 

Watch the site for further updates.

 

For further information on the Companies Act 2006 and its implications contact Martin Kay or Alexander Shirtcliff at alexander.shirtcliff@bllaw.co.uk