business Flashcards
Notice of a general meeting
Company registration number at top
Location of meeting
Reoslutions will full details
Quorum
Secretary’s name if needed
Partnership agreement
Coversheet name : the parties listed in schedule 1
partnership Agreement [name]
Parties - don’t individually list
Background - if carrying out business before commencement,
Ask client to confirm any missing information
Schedule 1 : table with partners and addresses
Schedule 2 : profit share in accordance with capital contribution?
Articles of association.
Definitions in alphabetical order
Go through each item and insert as appropriate, then go back and add definitions
Definitions: new class of shares, new investors,
Buyback shares : include limitations
Board minutes
Present : names and directors
Attendance : only those who are not directors but have attended
Declaration of interests, with nature and extent of interest
Business of meeting : why it is being held.
Administration m Secretary or one director.
For IN01
Registering a company
Statement of capital
Check : how many shares are being issued? What are the percentages agreed?
Secretary : distinguish if nature or legal entity
Directors : same as secretary’s
PSCs : again, distinguish if person or legal entity. Different sections on form depending on votes
Presenter information : law firm you are acting for
Stock transfer form
Registered holder is transferor
Transferee details on the next page
Statutory books
Each member has their own ledger
Amendments in the ledger of seller and brand new ledger for the buyer
If member is selling all shares, show date of ceasing to be a member
Relevant date should be the date from recieving stamp from HRRC
general meeting minutes
present
in attendance
chairperson
quorum
consent to short notice
resolutions
other business
close
IN01
name
registered office
first directors
company secretary
first shareholders
statement of capital
articles of association, or MA
persons of significant control
