Company Law guides the reader through the intricacies of the subject with expert analysis of the application of principles to real-life cases. The chapters provide comprehensive coverage of all core aspects of company law. The relationship between company law and corporate governance is explored, ensuring that readers have a full picture of how and why companies are create d and regulated. Topics include: the formation and nature of the company; the board of directors; membership of the company; and corporate rescue, restructuring, and insolvency; and new subjects such as the effects of the UK’s withdrawal from the European Union and the impact upon company law of the COVID-19 pandemic.
Chapter
9. Union Citizenship
This chapter examines the concept of Union citizenship and the rights EU citizens enjoy. European citizenship allows individuals a variety of associative relations based on economic, social, cultural, scholarly, and even political activities, irrespective of the traditional territorial boundaries of the European nation states. In particular, this chapter examines the rights enjoyed by citizens under the Citizens’ Rights Directive 2004/38, including family rights and the rights citizens enjoy irrespective of whether they are economically active.
Chapter
16. Membership and the incidents of membership
This chapter discusses the law on membership, the need for and the importance of entry on the register of members, and the incidents of membership. The discussion covers classes of shares including the recent addition of dual-class structures for listed companies, and explains what a class right is and the basis on which class rights can be varied. It moves on to consider share transfer and transmission, entries on and rectification of the register of members, and constraints on inspection of the register. It also considers the register of people with significant control (the PSC register) and the register of overseas entities (ROE).
Chapter
16. Membership and the incidents of membership
This chapter discusses the law on membership and the incidents of membership. The discussion covers classes of shares, class rights, share transfer and transmission, and the register of members. The chapter considers how people become members and the importance of entry on the register of members. It also considers the restrictions on access to the register and the power of the court to rectify the register when necessary to do so. It is possible to protect shareholders by providing for classes of shares and the chapter considers the protection afforded by class rights and how class rights, once created, can be varied subsequently. Share transfer and transmission is also considered.
