| Supplementary
Articles |
Fees
include drafting and filing of all necessary resolutions,
notices and minutes and supply of three copies of the
revised memorandum and articles of association. Does not
include drafting of supporting agreements |
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| |
|
|
| Class
Shares |
Allows
the company to specify different dividend rates for different
classes (usually 'A' and 'B' class shares) |
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-------------------> |
£130.00 |
|
| Deadlock |
Where
shares are owned in equal proportions and there is no
agreement on how to proceed |
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£130.00 |
|
| Deferred
Shares |
The
holders of deferred shares are usually given the right
to an undetermined dividend after dividends have been
paid to other ordinary shareholders |
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£130.00 |
|
| Deregulation
& Sole Member |
Removes
the need for the Company to hold annual general meetings,
lay accounts at such a meeting & appoint auditors
(includes elective resolution) |
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£80.00 |
|
| Disclosure
of interest in shares |
Allows
the director(s) to require any member to reveal the details
of the beneficial owner of the shares or face removal
of all rights to dividend, voting and free transfer |
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£130.00 |
|
| Dwellingholder
Membership |
Articles
specify that only tenants/lawful occupiers shall have
rights as members; deemed transfer of shares on vaction
of premises; directors rights to transfer shares to new
occupier (these provisions are provided in full in Guarantee
Companies - dwellingholders) |
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£130.00 |
|
| Enfranchising
and Devolution |
Following
the death of a member this article gives power to the
directors to acquire the shares of that member whether
or not probabe or letters of administration have been
granted |
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£90.00 |
|
| Family
Shares |
Members
are permitted to transfer to any family relation and the
directors may not refuse to decline transfer unless the
articles contain pre-epmtion rights |
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| |
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£130.00 |
|
| Investment
Restrictions |
Restricts
investment in other companies to 15% by value of the total
company investments and distributions from the capital
profits are generally prohibited |
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£115.00 |
|
| Non-UK
Residents |
Aimed
at Non-UK companies; restricts share transfers to UK-based
transferees; restricts UK residency for directors and
prevents appointment of UK based proxies by directors |
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£110.00 |
|
| Pre-emption
Rights |
Before
shares can be freely transferred they must first be offered
to other shareholders on a pro-rata basis |
| |
| |
-------------------> |
£150.00 |
|
| Preference
Shares |
Holders
of Preference Shares are paid cumulative fixed net cash
dividends in preference to all dividends at such rate or
rates per annum as agreed by directors |
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£170.00 |
|
| Removal
of Director |
Gives
power to remove a director in addition to the power of removal
under Section 303 of the Companies Act |
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£80.00 |
|
| Redeemable
Shares |
Shares
are issued by the Company which are redeemed or 'bought
back' at a later date; including an amount equal to any
arrears, deficiency or accruals of any dividends thereon |
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£170.00 |
|
| Restricted
Membership |
Provides
that only members and partners of a firm may be members
of the Company |
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£80.00 |
|
| Staff
Shares |
Requires
that all staff ceasing to be employed shall deliver to
the directors a transfer of all staff shares held |
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£80.00 |
|
| Wholly-owned
Subsidiary |
Where
[90%] of the company is wholly owned by a holding company
the directors shall not authorise share allotments, transfers,
grant share options, remove director(s) without the authority
of the holding company |
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£80.00 |
|
| General |
|
|
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|
|
| Appointment
of Proxy (EGM) |
|
£60.00 |
|
| Change
of 'Objects' clause |
|
£80.00 |
|
| Change
of Name & omission of 'Limited' |
£80.00 |
|
| Re-registration
of PLC as Private Company |
£150.00 |
|
| Re-registration
of Private Company as PLC |
£150.00 |
|
| Re-registration
of unlimited to guarantee company |
£150.00 |
|
| Increase
in Share Capital |
£Var |
|
| Purchase
of own shares |
£175.00 |
|
| Redemption
of Shares |
£175.00 |
|
| Assisted
Purchase of Own Shares |
£175.00 |
|
| Declaration
of Trust |
£60.00 |
|
