Keenan and Riches’BUSINESS LAW

by e-mail. The company would then reply to the e-mail either to confirm that the information remains correct and current or to g ...

Chapter 6Companies Relief from unfair prejudice Under s 994 any member may petition the court on the grounds that the affairs of ...

2 Order to restrain the doing or continuance of any actcomplained of by the petitioner. Under this the court could make an order ...

Chapter 6Companies Appointment The documents sent to the Registrar seeking incorpora- tion must state the company’s proposed off ...

successful period of office in terms of the profitability of the company. So far as UK corporate law is concerned, the board has ...

Chapter 6Companies contributions to money purchase pension schemes. Small companies’ full and shorter form accounts can show mer ...

on loans, quasi-loans, etc. to directors and replaces this with a requirement for approval of the transaction by the members by ...

Chapter 6Companies into with a building firm run by a director, or by the spouse of a director. It might also be a loan to the b ...

required to declare his interest if he had been a director or it may be a general one (s 317(8)(a) and (b)). In Re Neptune (Vehi ...

Chapter 6Companies the 1986 Act. It occurs when a company goes into liq- uidation and the evidence shows that the directors have ...

reality test’. Further, in Foster Bryant vBryant(2007) the law on directors’ duties was considered. This case concerned the alle ...

Chapter 6Companies ■if the situation cannot reasonably be regarded as likely to give rise to a conflict of interest; or ■where t ...

Minutes Section 248 provides that every company must keep minutes of all proceedings at meetings of directors. The members of th ...

Chapter 6Companies Some solicitors are authorised by the Law Society to act as insolvency practitioners but most practitioners a ...

take property from the company for sale to pay the debt; ■the company’s assets are worth less than its liabilities taking into a ...

Chapter 6Companies It should be noted that a members’ voluntary may become a creditors’ voluntary if the statutory declara- tion ...

Unsecured creditors When the above categories have been paid in full, a dis- tribution may be made to ordinary unsecured credito ...

Chapter 6Companies a floating charge over the whole or substantially the whole of the company’s property, such as a bank, would ...

■that the charge is a qualifying charge, i.e. the charge (or charges) are over the whole or substantially the whole of the compa ...

Chapter 6Companies ■All business stationery must state that an administra- tion exists and the administrator’s name must appear ...