directors Archives - Page 4 of 6

When does a director’s loan need shareholder approval?

Published in Business finance on September 8, 2022 by Jayne Challinor

In the past, UK companies were forbidden from lending to their directors. Judicial penalties were the outcome if this rule was broken. The Companies Act 2006 removed the ban on company loans to directors, and section 197(1)(a)…

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Tags: directors loans, company officers, directors

Written Resolution – What is it?

Published in Company records on July 27, 2022 by Ben Robinson

Written resolutions are an important instrument in a company’s toolkit for agreeing both directors’ and shareholders’ resolutions without needing to hold a meeting. Here we’ll discuss:…

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Tags: company documents, company records, directors, resolutions, shareholders

What is an Alternate Director?

Published in Company officers on July 4, 2022 by David Hill

This article explains in simple terms what an alternate director is, what powers they have and how they are appointed.…

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Tags: company officers, directors, register of directors

What are a company director’s duties?

Published in Company officers on May 17, 2022 by Johnathan Korchak

What are the duties and responsibilities of a company director? Here we investigate what the Companies Act says a director should bear in mind when exercising their duty.…

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Tags: company officers, directors, responsibilities

What is a director’s residential address?

Published in Company officers on May 4, 2021 by Johnathan Korchak

When setting up a limited company, directors and certain others must provide their ‘usual residential address’ to Companies House as part of the application. In this article, we look at a company’s responsibilities, what…

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Tags: addresses, company officers, directors, PSCs, registers, residential address

How to record the furlough of a director

Published in News and opinion on April 30, 2020 by Henry Catchpole

Following the coronavirus outbreak and with many businesses no longer able to trade, the Government launched the coronavirus job retention scheme (CJRS) which introduced provisions for companies to furlough employees. This…

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Tags: company records, directors, furlough, news

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