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The Companies Act 2006 zone


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Companies Act 2006: changes to be made on 1 October 2008

On 1 October this year the next round of changes made by the Companies Act 2006 will be coming into force. All companies will be affected by the new rules on directors' conflicts of interest, and private companies will be given more flexibility to reduce their share capital without going to court and to use their assets to assist someone to acquire their shares, or shares in their parent company.

Please come back to this zone regularly for any updates as and when they happen.


 

Key facts 

The Act affects companies in the UK of every size. It aims to help shareholder engagement, simplify administrative burdens on smaller companies and clarify the law in areas such as directors’ duties... key facts about the Act

Guides 


articles

Law-Now
04.04.2008

Auditors’ liability limitation agreements

Sections 532 to 538 of the Companies Act 2006 come into force on 6 April 2008, following which auditors will be permitted for the first time to limit their...

Law-Now
13.11.2007

Issues for lenders - the Companies Act 2006

The Companies Act 2006 will have an impact, on a date to be decided after consultation, on lenders in respect of financial assistance, changes to the process...

Law-Now
01.10.2007

New derivative action may lead to increased claims against directors

A new statutory framework for derivative actions comes into force today under the Companies Act 2006. These provisions widen the scope of such actions and have...


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