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This book provides a thorough exposition of the enormous Companies Act 2006 with its 1300 sections and sixteen Schedules. It also explains the CA 2006 regime as a whole, including a number of the Regulations made under it, with a practical emphasis on the regime now in operation.
The author highlights and explains why various changes have now been made to the previous statutory law particularly by reference, as relevant, to: the work of the Law Commissions; the Company Law Review; the two Government White Papers of 2002 and 2005; the requirements of European Law; the Parliamentary debates in Hansard; and the Government's own statements and guidance on the new legislation, including its "Explanatory Notes" on various provisions of the Act.
The decided cases under the Act reported up to the end of 2009 are usefully analysed so as to help explain the Act in operation.
The work is divided into the following six parts:
- the background to the 2006 legislation;
- the objectives and overview of the legislative reforms;
- ensuring better regulation;
- establishing and running companies;
- legal proceedings;
- concluding observations.