Why Does Your Business Need a Shareholders’ Agreement?
An effective shareholders agreement can protect against disputes between your company’s shareholders and directors. A shareholders’ agreement is a private contract between some or all of the shareholders in a company, governing how the shareholders interact with the company, as well as with each other. Any company that has shareholders should have a properly drafted […]
Shareholder Disputes (and How to Resolve Them!)
Shareholder disputes have the potential to cause significant damage and disruption to a company’s commercial interests. Taking effective steps to resolve shareholder disputes can be business-critical. There are a number of reasons why a dispute may arise between company shareholders or shareholders and directors. Some common causes of shareholder disputes include: a. Poor performance […]
How to Remove a Shareholder from a Limited Company
A shareholder of a limited company can choose to leave that company whenever they wish and for whatever reason; this may be down to a desire to re-invest their money in a different business or because they no longer wish to be associated with that company. A shareholder may also be removed in the event […]
Shareholder Rights in the UK
When a shareholder invests money into a company, they obtain certain rights as a result. Generally, the more money invested, the more rights that shareholder has. Shareholder rights in the UK are dictated by the Companies Act 2006, the company’s Articles of Association, the terms of issue of shares, and any shareholders’ agreement. What are […]
Can Directors Sell Company Assets Without Shareholder Approval?
When disposing of company assets, there are specific statutory provisions in place which mean that shareholder approval must first be obtained in certain circumstances. The following article provides a detailed response to the commonly asked question: ‘Can directors sell company assets without shareholder approval?’. Can directors sell company assets without shareholder approval? There are many […]