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Company secretary legal alerts

Legal alerts on company secretarial

Legal Alert

Legal Alert is a monthly checklist from Atom Content Marketing highlighting new and pending laws, regulations, codes of practice and rulings that could have an impact on your business.

Case law: Private company shareholder ‘written resolutions’ invalid unless circulated on the authority of the board

Atom Content Marketing Atom Content Marketing August 2019

Companies proposing to use written resolutions to make shareholder decisions – ie, agreeing to a decision in writing rather than holding a formal meeting - should ensure every such resolution is approved and circulated by the board and sent on its behalf to all shareholders entitled to vote on the decision, otherwise it will be invalid - as a recent ruling makes clear.

Case law: Companies with sole shareholder-directors should review articles in case their death stops company functioning

Atom Content Marketing Atom Content Marketing August 2017

Companies should review their articles to ensure that the death of a shareholder-director won't leave them without either owners or directors. If it will, they should amend the articles, as the court has confirmed it will exercise its discretion to rectify a company's register of shareholders to resolve the situation only in exceptional circumstances.

New law: Companies must comply with PSC and confirmation statement rules

Atom Content Marketing Atom Content Marketing June 2017

Limited companies, LLPs and others subject to the 'persons with significant control' (PSC) regime are changing their procedures to comply with changes to the regime, and the rules regarding confirmation statements, announced by Companies House.

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