Memorise - BLP Flashcards
1
Q
Ltd Reqs
A
1 Director
1 Shareholder
1 Share - 1p
Can use WR procedure
Cert of incorp before trading
2
Q
Public company reqs
A
At least 2 directors
1 company sec
£50,000 min share cap
Annual accounts at CH - more filing reqs
Cannot use WR procedure
Must have AGM
3
Q
LLP Reqs
A
Form LL IN01 at CH
4
Q
Partnership Reqs
A
Incoming - Unanimous consent
Expulsion - No automatic implied righy by majority, must be expressly provided for
