Company Law Reform Act A Detailed Analysis

by Joffe QC, Victor; Marshall QC, Phillip; Corbett QC, James; Jones, Philip; Clark, Geraldine; Hoffmann, Clare; Blayney, David; Lightman, Daniel; Collingwood, Timothy

• ISBN13: 9780199212026
• ISBN10: 0199212023
• Format: Hardcover
• Copyright: 2099-11-30
• Publisher: Oxford University Press

Summary

This new work provides practitioners with a detailed analysis of the impact of the Act. Assiting practitioners with understanding why certain changes have been made, the authors refer to parliamentary debates, reports, academic discussion and existing case law. As such the work offers an invaluable reference for practitioners in the period after the Act has become law, but before there has been case law to establish how it should be interpreted. The authors consider how the various changes that have been made are likely to be interpreted by the courts. By making reference to the position under the Companies Act 1985, these areas of change are highlighted and contrasted with the previous regime. Offering more than the statutory guides which focus on the text of the Act, this work will offer practitioners and scholars opinion and detailed consideration of the largest change in company law for twenty years.

Table of Contents

Company formation and running

Abolition of authorised share capital requirement and statutory declarations Company Names

Trading Disclosures Directors' home address

Removal of requirement for paper share certificates

Changes to requirements of register of members

Separate model articles for private and for public companies

No company secretary required for private companies

Enfranchising indirect investors

Publishing Company information/communication with shareholders, Tim Collingwood Timing of AGM's

Reduction in filing times for private companies Communications with Companies

House Electronic communication with shareholders

Changes to the regime on offences and sanctions

Shareholding Disclosure (Transparency Directive)

Directors, Victor Joffe QC Minimum age Directors' duties Effect on s.459 petitions

Meetings, resloutions and decision making

Written resolutions Meetings Record Keeping

Derivative actions, Daniel Lightman

Capital maintenance provisions, Philip Marshall QC

Auditor liability and audit quality

Company takeovers (Takeovers Directive)

Overseas Companies

Miscellaneous reforms

Power to reform company law by secondary legislation Investigations

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