A more in depth look at the Act

Introduction

• An Introduction to the Companies Act 2006
• Summary of sections of the Act

Timetable

• Provisions commenced in January 2007
• Provisions commenced in April 2007
• Provisions commenced from 1 October 2007
• Provisions commenced from 6 April 2008
• Provisions commencing from 1 October 2008
• Provisions commencing from 1 October 2009

The Act In Depth

General

• Forming a company
• Choosing a name for your company
• Changing the company name
• Registered office
• A company's members
• Shares and share capital

Directors

• Appointment of directors
• General duties of directors
• Transactions with directors requiring approval of members
• Loans to directors
• Related agreements
• Directors' service contracts
• Directors' liabilities
• Records of directors meetings
• Company secretary

Accounts & Auditors

• Accounting records
• Financial year
• Group accounts
• Directors' report
• Signing of accounts: directors and auditors
• Appointment of auditors
• Auditor's rights to information