The Companies Acts are a collection of the laws relating to companies in England and Wales with the Companies Act 2006 (CA 2CA 2006006) as the major statute consolidating many of the rules governing companies.
For the purposes of CA 2006, 'Companies Acts' includes:
(1) the company law provisions of the CA 2006, s 2(1)(a) where the company law provisions are the provisions of CA 2006, ss 1–1181, pts 1–39, and the provisions of CA 2006, ss 1284–1300, pts 45–47 so far as they apply for the purposes of CA 2006, s 2(2), pts 1–39 , see also Halsbury's Laws of England, 14 (5th), 9;
(2) The Companies (Audit, Investigations and Community Enterprise) Act 2004, pt 2; and
(3) provisions of the Companies Act 1985 and of the Companies Consolidation (Consequential Provisions) 1985 that remain in force.
Appointment of a receiver (company)—checklist When should this checklist be used? This checklist should be used by a lawyer acting for a chargeholder seeking to appoint a fixed charge receiver over property (land or buildings) owned by a Company. The checklist may also be used by a lawyer when reporting on the validity of a fixed charge receiver. Definitions The following definitions are used in this checklist • Chargeholder means the secured party who seeks to appoint a receiver pursuant to the Charge granted by the Company pursuant to the terms of the security documentation • Company means the company that has granted the Charge in favour of the Chargeholder • Charge means the charge by way of a legal mortgage granted by the Company in favour of the Chargeholder pursuant to which the receiver is to be appointed. This is often contained within the security documentation usually being a debenture or a mortgage deed • Receiver means a fixed charge receiver appointed over the property secured in.
The Companies Act 2006 (CA 2006) embodies the most wide-ranging reform of company law in over 20 years. It was brought into force on a staggered basis over a period of around three years and its final provisions came into effect on 1 October 2009. It replaces the Companies Act 1985 (CA 1985) as the key UK company law statute and, while to a large extent CA 2006 restates the law as in force under CA 1985, it also contains significant changes to it.Although most of CA 1985 was repealed as CA 2006 was implemented, a small proportion of CA 1985 remains in force. For more information, see Practice Note: Companies Act 1985 and Table A.Comprising 1,300 sections and 16 schedules, CA 2006 was thought to be the longest statute passed into English law at the time of its Royal Assent. In addition to its length, there are two other notable features in terms of the way it is drafted:•it is drafted in relatively plain English, avoiding some of the.
Local housing companies Housing delivery Over a number of years the term local housing company (LHC) has had various meanings in the context of housing delivery vehicles. It was first used post Housing Act 1996 in the context of large scale voluntary transfer of urban estates to a company which had equal representation of the local housing authority (LHA), tenant and independent members and often attracted Government subsidy for example, from the then Estates Regeneration Challenge Fund (ERCF). See Practice Note: Housing stock transfer. The term LHC appeared again in the Housing Green Paper, 'Homes for the future: more affordable, more sustainable', in July 2007. The model on this occasion as envisaged by English Partnerships (subsequently the Homes and Communities Agency and now Homes England), involved a 50:50 long-term corporate joint venture between the LHA and a private sector partner established to develop local authority land. The term LHC today is used to describe independent arms-length commercial organisations wholly or partly owned by LHAs which develop, buy.
Discover our 95 Practice Notes on Companies Acts
Share purchase agreement—pro-buyer—corporate seller—conditional—long form This Agreement is made on [insert day and month] 20[insert year] Parties 1 [Insert name of selling corporate entity] incorporated in [England and Wales OR [insert country of incorporation] OR with registered number [insert company number] whose registered office is at [insert address] (the Seller); 2 [Insert name of purchasing corporate entity] incorporated in England and Wales OR [insert country of incorporation] OR with registered number [insert company number] whose registered office is at [insert address] (the Buyer), and 3 [Insert name of guarantor entity] incorporated in England and Wales OR [insert country of incorporation]] with registered number [insert company number] whose registered office is at [insert address] (the Guarantor) [(each of the Seller, the Buyer and the Guarantor being a Party and together the Seller, the Buyer and the Guarantor are the Parties).] Background (A) The Company (as defined below) is a private company limited by shares and is incorporated in [England and.
Share purchase agreement—pro-buyer—individual sellers—conditional—long form This Agreement is made on [insert day and month] 20[insert year] Parties 1 The several persons whose names and addresses are set out in Schedule 1 (together the Sellers), and 2 [Insert name of purchasing corporate entity] incorporated in [England and Wales OR [Insert country of incorporation]] with registered number [insert company number] whose registered office is at [insert address] (the Buyer), [(each of the Sellers and the Buyer being a Party and together the Sellers and the Buyer are the Parties).] Background (A) The Company (as defined below) is a private company limited by shares and is incorporated in[ England and Wales OR [insert country of incorporation]]. Details of the Company are set out in Schedule 2, Part A. (B) The Sellers are the legal and beneficial owners of the Sale Shares (as defined below), being in aggregate the entire allotted and issued share capital of the Company. (C) The Sellers have agreed to sell and the.
Dive into our 30 Precedents related to Companies Acts