Company Formation Flashcards
1
Q
What is the authorised minimum share capital of a public limited company?
A
£50k currently
2
Q
Is borrowing within the implied authority of a company secretary?
A
No
3
Q
As an officer of the company, is a company secretary potentially liable if a company breaks the law?
A
Yes
4
Q
Can public companies make written resolutions?
A
No
