Law > Class Notes > LAW BP0195173-BLP Mock Revision NoteS-2022 (All)
LAW BP0195173-BLP Mock Revision NoteS-2022
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PRIVATE COMPANY PUBLIC COMPANY Name Must end in Limited or Ltd (s.59(1)) Must end in Public Limited Company or PLC (s.58(1)) Min. shareholders 1 shareholder (s.7(1) and s.8(1)) 1 shareholder (s. ... 7(1) and s.8(1)) Min. directors 1 director (s.154(1)) 2 directors (s.154(2)) Min. secretary No secretary required (s.270(1)) Secretary required (s.271) Certificates required prior to commencement of trading Certificate of Incorporation issued by Companies House (s.15(4)). Can commence trading as soon as incorporated. Certificate of Incorporation issued by Companies House (s.15(4)). ALSO – needs a trading certificate issued by Companies House showing that the company’s allotted share capital is not less than the minimum (s.761(1)(2)). CONTINUED.......... [Show More]
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