Shareholder agreements, board minutes, written resolutions, stock transfer forms, dividend vouchers and deed of adherence for England and Wales. Companies Act 2006 compliant. From £4.99.
Termsmith covers the key company secretarial documents required by the Companies Act 2006 for private limited companies in England and Wales — from the shareholder agreement and partnership agreement that govern ownership, through the board minutes and written resolutions required to document corporate decisions, to the stock transfer forms and dividend vouchers used when shares move or distributions are made. Every document is designed by a practising English solicitor.
Every private limited company must keep minutes of all board meetings under Companies Act 2006 s.248. Minutes must be retained for at least 10 years. Failure to keep minutes is a criminal offence by every officer in default. Banks, investors, auditors, and HMRC routinely request board minutes as evidence that corporate decisions — dividends, borrowing, officer appointments — were properly authorised.
Private companies can use the written resolution procedure under Companies Act 2006 ss.288 to 300 to pass shareholder resolutions without holding a general meeting. Ordinary written resolutions require a simple majority of all eligible votes; special written resolutions require 75%. The resolution lapses after 28 days if not passed. Written resolutions cannot be used to remove a director or auditor — those require a general meeting with special notice.
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