Keenan and Riches’BUSINESS LAW

that the name had been allocated and was in use by Pitman Training. Nominet restored the domain name to the publisher and a clai ...

Chapter 6Companies Where the articles do restrict the objects, then any altera- tions or additions: ■must be notified the Regist ...

cannot apply for re-registration under s 102, but must convert to private companies first. An unlimited company may re-register ...

Chapter 6Companies class rights of shareholders, which may not be alterable or alterable only with the consent of a 75 per cent ...

4 Neither the company nor the members are bound to outsiders. This is illustrated by the following case. 1 The court will not al ...

Chapter 6Companies 3 Shareholders’ rights are contained in the articles. Obviously, these rights can be changed by a special res ...

Preference shares These shares have the right to payment of a fixed divi- dend, e.g. 10 per cent of the nominal value, before an ...

Chapter 6Companies shares. There must be a member or members holding non-redeemable shares. 4 A public limited company must have ...

in advance. So far as PLCs are concerned (but not pri- vate companies), the resolution must specify the dura- tion of authority ...

Chapter 6Companies statutory declaration, taking into account any distribu- tions (e.g. dividends) which may have been made be- ...

Debenture and debenture stock When a lender makes a loan to a company he will obvi- ously require some evidence of that fact. Th ...

Chapter 6Companies Under s 549 private companies may elect by an elect- ive resolution (see later in this chapter) that the auth ...

Part 2Business organisations 168 where there is only one class of shares, the members must still approve the disapplication of p ...

Chapter 6Companies Exemptions from disclosure Section 82 of the FSMA 2000 gives the Financial Services Authority power to author ...

There is also exemption if the relevant statement is from an official document and also if the person who acquired the securitie ...

Chapter 6Companies been total failure of consideration. Since being a mem- ber of a company appears in itself to be a benefit re ...

s 303 provides that the directors are not deemed to have duly convened a meeting if they convene it for more than 28 days after ...

Chapter 6Companies Notice of general meetings Section 307 retains the former minimum notice require- ment of 21 days for public ...

the resolution must be forwarded to the Registrar of Companies. The copy sent to the Registrar may be printed or be in any form ...

Chapter 6Companies company’s auditor is entitled to receive all such com- munications relating to the resolution. This will not ...