Monday, 9 November 2009

Time to Change Your Company’s Constitution?

In light of Companies Act 2006 changes we recommend companies review their articles and memorandum of association and consider making changes, you may for example:


• Change the objects clause so that the powers of the Company are unrestricted.

• Remove references to alternate directors.

• Eliminate references to annual general meetings.

• Unrestrict the authorised share capital.

• Enable board meetings by telephone and other forms of electronic communications.

We are working with a number of legal practices who are prepared to undertake a free initial appraisal of constitutional documents. Please contact us if you would like to take advantage of this offer.

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