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Company Law 2006 Companies Act

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Company Law 2006 Companies Act

The aim of this essay is analyse and explain the 2006 companies act regarding to business cycle, how this act will help ensure Britain remains one of the best places in the world set up the and run business. And also I would like to give some information’s about shareholder engagement according to new act and then I will discuss how will this act going to encourage a long term investment culture in UK. On the other hand I am going to try to find how far are the goals of act regarding shareholder engagement and also long term investment culture in Britain. Quite apart from other issues, the business world believes that the companies act has completed its long journey into law, and with the recent publication of its implementation timetable. It has become apparent that the new legislation is likely to impact all areas of the business world.


The act has changed the terms of the act which affect the responsibilities of executives and non-executives in the companies, including finance and human resource directors. It is a key feature includes new obligations which are relating to: director’s duties, corporate reporting, shareholder relations and e-communications, indirect investors and auditor liability. As we can see the new act has made a small revelation regarding to the old acts. According to this act eight years after the company review began the process of modernising the UK’s antiquated and piecemeal legislation for business, the companies act has received royal assent. The new act reforms rest on four key objectivities.


In this paragraph I would like to explain the purpose of this act and also talk about simply definition of this 2006 companies act, this act is the largest companies act ever, it has 1300 sections and covering nearly 700 pages, and ...

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