Developments Affecting Company Shares and Capital - Part 1
- Podcast Location:
- Sorry, this podcast has been removed as it is now out of date
- Categories:
-
Company Law
- CPD Points:
- Up to 1 point. details »
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- Length:
- 30 minutes of audio
(+ optional 5 minute online quiz) - Plays on Computer:
- Yes Downloadable as MP3: Yes
- Contributor(s):
- Course Aims:
This podcast aims to update the listener on the changes affecting companies' share and capital arrangements and reporting following the final implementation of the Companies Act 2006 on October 1st. It will examine in detail the new requirements relating to statements of capital, reporting, share allocation and capital reductions and compare them to the 1985 Act provisions.
- Outcomes:
- After completing the course you will:
- Understand the new provisions replacing the authorised share capital provisions in the Companies Act 1985;
- Know when a statement of capital will be required;
- Know the form and particulars with which a statement of capital must conform;
- Be aware of a potential problem affecting the reporting of the amounts paid up on shares;
- Know under what circumstances a company may alter its capital.
- Level:
- Specialist
- Classification:
-
Legal Principles
Legislative Updates
- Sources and References:
-
- Companies Act 2006 s.10, 32, 108, 555, 562, 610, 617, 619, 621, 622, 623, 624, 625, 626, 627, 643(1), (2), (5), 644, 649, 663, 689, 708, 725, 730, 856,;
- Company Law Directive (77/91/EC) Art 2;
- Companies (Shares and Capital) Order 2009 (SI No. 2009/388);
- Companies (Share Capital and Acquisition by Company of its Own Shares) Regulations 2009 (SI 2009/2022).
In this podcast, Martin Moore QC, barrister at specialist company law set Erskine Chambers updates listeners on the new Companies Act 2006 provisions affecting shares and capital arrangements. This podcast focusses on the introduction of a new statement of capital procedure and the circumstances in which such a statement will be required. Consideration is also given to the procedure for reducing or altering capital and the new self-help solvency statement which will be discussed in more detail in Part 2.
Podcast added: 08/12/09
Podcast last reviewed: 2011-04-26
This course has now been removed from the site. It is no longer suitable for CPD purposes as it contains information that is out of date or incorrect. For a list of our latest CPDcasts, please visit the library.
