Companies - their administration and governance - overview/issues
This seminar should be of interest to those who become involved in the management of a body corporate, whether as a director, secretary or manager, and wish to learn about their roles and responsibilities, the legal status of a company, and the legal formalities with which a company must comply.
The seminar covers the following topics:
- Constitution of a Company
- Public or private? (ie. plc or limited)
- Memorandum & Articles of Association
- Companies Act 2006 – from October 2009 – the “single constitution”
- “The Officers” – who are they?
- Board of directors
- Secretary
- Auditors
- The Shareholders
- “Registered members”
- Entitlements to information?
- What can they do – by votes/resolution?
- Share capital
- Different kinds of shares – eg. ordinary, preference
- Authorised share capital (Companies Act 2006 – abolished from October 2009)
- “Maintenance of capital”
- Dividends/distributions
- Administration of a Company
- Keeping statutory books
- Annual Returns and other filings at Companies Registry
- The Annual General Meeting
- Convening directors’ meetings
- Convening shareholders’ meetings/using the written resolution procedure
- “Electronic communications” (with shareholders) – under Companies Act 2006
- Company identification
- Directors’ duties and responsibilities (NB. Companies Act 2006 = new law!)
- Statutory statement of duties – what are these?
- “Promote success” – the new s.172 duty
- Duties owed to Company
- Responsibility/liability for Reports
- What is a “conflict of interest”?
- Prohibitions/restrictions on transactions with directors
- Risks for directors if Company “insolvent”
- Mechanics of buying and selling a Company
For more details on contact David Strachan on 0113 220 6278 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it