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Brand new model articles

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Lawdit Solicitors - Expert Author

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24 September 2009

Companies formed on or after the 1 October 2009 will have new model articles provided that these companies do not register their own articles: section 20 of the Companies Act 2006.

It should be noted that companies in existence before 1 October 2009 will continue to function with their normal articles, however it should be noted that these companies can of course amend their existing articles so as to meet the model articles provided in Companies (Model Articles) Regulations (SI2008/3229).

If you wish to amend your articles then be sure to send to the register of companies a copy of the articles as amend within 15 days of that amendment, failing to do so will result in:

(a) the company; and

(b) every officer who is in default

to be found liable.

Liability could result in a fine (level 3) or summary conviction.

By Paul Bicknell assistant to Izaz Ali (izaz.ali@lawdit.co.uk) Izaz Ali is a commercial Solicitor Advocate who specialises in information technology law and intellectual property law with an emphasis on IT, escrow and buying and selling online businesses


About the Author

Lawdit Solicitors offer services and advice for litigation, commercial contracts, Intellectual Property and IT legal agreements. We are experts in commercial law with a heavy emphasis on Intellectual Property, Internet and e-commerce law. Lawdit is a member of the International Trademark Association, the Solicitors' Association of Higher Court Advocates and we are the appointed Solicitors to the largest webdesign association in the world, the United Kingdom Website Designers Association.



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Article Published/Sorted/Amended on Scopulus 2009-09-30 12:37:51 in Legal Articles

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