{"id":348,"date":"2013-06-24T15:20:38","date_gmt":"2013-06-24T15:20:38","guid":{"rendered":"https:\/\/london-restrars.dev\/?p=348"},"modified":"2014-08-21T16:26:24","modified_gmt":"2014-08-21T15:26:24","slug":"companies-act-2006-more-changes-taking-place-on-1-october-2009","status":"publish","type":"post","link":"https:\/\/www.london-registrars.co.uk\/?p=348","title":{"rendered":"Companies Act 2006 – more changes taking place on 1 October 2009"},"content":{"rendered":"
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The provisions of the Companies Act 2006 have been brought into force in stages and the remaining changes will come into force on 1 October 2009.<\/p>\n

Changes to the Memorandum & Articles of Association have been described in our previous article \u2018Companies Act 2006 \u2013 impact on company\u2019s constitutional documents\u2019<\/b><\/a>. The remaining new provisions are as follows:<\/span><\/p>\n

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Register of directors and secretaries<\/h3>\n

From 1 October companies will be required to maintain two separate registers of directors\u2019 addresses. The newly introduced \u2018register of directors\u2019 need not show a director\u2019s usual residential address but will instead show a service address, eg. the company\u2019s registered office, the director\u2019s home address or any other address at which legal documents and official notices may be served on the director. This register will be available for public inspection.<\/p>\n

The \u2018register of directors\u2019 home addresses\u2019 will be kept separately from the register of service addresses and will only be disclosed to some public authorities and credit reference agencies. Directors who feel they are at risk of intimidation or violence are able to apply to the Registrar to prevent their home addresses from being disclosed to credit reference agencies.<\/p>\n

Authorised share capital<\/h3>\n

<\/b>Companies incorporated after 1 October 2009 will no longer have authorised share capital, but must complete a \u2018statement of capital and initial shareholdings\u2019 as part of the incorporation process. The statement of capital gives details of a limited company\u2019s issued share capital at a particular time. A different statement is required for companies limited by guarantee, which do not have a share capital.<\/p>\n

Company\u2019s capacity and related matters<\/h3>\n

<\/b>From 1 October 2009 it will not be possible to call into question the validity of an act done by a company on grounds of lack of capacity in the company\u2019s articles, and a person dealing with the company will not be bound to check on the powers of the directors to bind the company.<\/p>\n

Public inspection of register of members<\/h3>\n

<\/b>A person wanting to inspect the company\u2019s register of members will have to give reasons, and access can be refused if the company can persuade a court that the request is not being made for a \u2018proper purpose\u2019.<\/p>\n<\/div>\n

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The provisions of the Companies Act 2006 have been brought into force in stages and the remaining changes will come … Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-348","post","type-post","status-publish","format-standard","hentry","category-corporate-governance"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t