Latest news and views tagged company
RSS
Under section 678(1) of the Companies Act 2006 (CA), it is unlawful for a public company or its subsidiaries to give financial assistance to any person acquiring, or proposing to acquire, shares in that...
How to: validly execute a deed on behalf of a company
In the first of a series of blogs addressing practical issues arising out of the Companies Act 2006 we consider how a company may validly execute a deed.
Section 44 of the Companies Act 2006, which...
Companies House launches “second filing” service
Companies House has introduced a new form to be used when correcting inaccuracies in documents previously filed with the Registrar. The “second filing” service was launched on 6 April 2011 and applies...
Company gets injunctive protection from prickly director – Hedgehog Golf Co Limited v Frank Hauser, High Court
Hedgehog applied to the High Court for a perpetual injunction preventing its former director, FH, from disclosing confidential information about Hedgehog and its business. The business involved the sale...
Bribery Act on hold
The Ministry of Justice (MoJ) has announced that the implementation of the Bribery Act, which had been due to take place in April 2011, has been delayed whilst guidance on the legislation is written.
The...
Settlement deed could not be revoked once signed even if other party had not signed it yet – Silver Queen Maritime v Persia Petroleum Services, High Court
The High Court has given a ruling about a deed coming into effect even when the first party to sign it had wanted to revoke its signature before the second party signed. This case involved the settlement...
FTSE-350 struggling to appreciate software escrow
Nearly half of FTSE-350 companies do not have software escrow agreements in place with their software supplier. That is according to a report produced by the NCC Group, the leading provider of software...
The end of the corporate board?
It has always been possible to appoint a company as a director of another company incorporated and registered in England and Wales. The Companies Act 2006, however, heralded an end to the practice...