Single Member Companies
G
Single Member Companies
G
HOW CAN A SINGLE MEMBER HOLD GENERAL MEETINGS?
The regulations provide that, nothwithstanding anything
in the company's articles of association to the contrary,
a single member, present in person or by proxy, shall
constitute a quorum.
Where such a meeting is held, it must be recorded in
the minutes of the company as such.
WHERE CAN I OBTAIN MORE INFORMATION?
If you have any further queries, you may write or telephone
Companies House at the following addresses:-
England and Wales Scotland
Companies House
Crown Way Maindy
Cardiff
CF4 3UZ
Companies House
100-102 George Street Edinburgh
EH2 3DJ
If a decision is taken by a single member, other than
by way of a written resolution, then the decision must
be conveyed to the company in writing.
ARE THERE ANY OTHER RESTRICTIONS?
If the company enters into a contract with the sole
member who is also a director of the company, and
the contract is not in writing, the company must ensure
that the terms of the contract are set out in a memorandum
or are recorded in the minutes of the next directors
meeting. This does not apply to contracts entered into in
the ordinary course of the company's business.
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Tel: 0222 380801
Tel: 031 225 5774
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