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Articles by Ayushi Chadha
Removing Directors Who Lack Mental Capacity
David Wedgwood’s articles from Anthony Gold Solicitors LLP are most popular: within Corporate/Commercial Law topic(s) in European Union in European Union in European Union in European Union in European Union with readers working within the Insurance and Law Firm industries Anthony Gold Solicitors LLP are most popular: within Corporate/Commercial Law, Law Department Performance and Criminal Law topic(s) When a director of a company appears to lack capacity, the process to remove that director...
How The Mental Health (Discrimination) Act 2013 Amended The Removal Of Directors On The Basis Of Lacking Capacity
David Wedgwood’s articles from Anthony Gold Solicitors LLP are most popular: within Corporate/Commercial Law topic(s) with readers working within the Insurance and Law Firm industries Anthony Gold Solicitors LLP are most popular: within Law Department Performance and Criminal Law topic(s) A director lacking capacity can be removed by the written opinion of a medical practitioner concluding that the director will be mentally incapable of acting for more than three months, if the company is...
Considerations After Incapacity For Business Owners
Anthony Gold Solicitors LLP are most popular: within Law Department Performance, Tax and Criminal Law topic(s) with Senior Company Executives and HR When a business owner, whether it be a Director, Partner or sole trader, loses capacity, the first hurdle is managing their retirement or removal from the business. If this is well managed, the business should be able to continue trading or be wound up or sold, as is best for those involved. However, this is very rarely the end of the story.
How Can Shareholders Remove Directors?
Anthony Gold Solicitors LLP are most popular: within Law Department Performance and Tax topic(s) The Companies Act 2006 provides a statutory mechanism for shareholders to remove a director by ordinary resolution. Before deciding to remove a director through this mechanism, one should consider the company’s constitutional documents as they may provide for a simpler instrument for the director’s removal.
Insolvency Services Crackdown on Delinquent Directors
As the Insolvency services tighten their belt and crack down on delinquent directors, it comes as no surprise that there is a sharp increase in the number of director disqualifications for frauds related to the Covid-19 Bounce Back Loans (BBL). The recent figures published by the Insolvency Service show that out of the total 932 director disqualifications, almost half (459) disqualifications were because of misuse / abuse of the BBL.
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