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Table A was first introduced by the Joint Stock Companies Act 1856 (as 'Table B'), and then under its current name of 'Table A' by the Companies Act 1862. The existing form of Table A was introduced in 1985 by the subsidiary legislation [1] passed under the Companies Act 1985, although it has been updated on several occasions since its ...
A company will also be governed by its own memorandum and articles of association. Table A, which lays out default articles of association, was not included in the body of the Act, as it had been in all previous Companies Acts. Instead, it was introduced by statutory instrument - the Companies (Tables A to F) Regulations 1985.
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The amendments to the forms are to take account of the abolition of stamp duty (except on instruments relating to stock or marketable securities) under the provisions of Part 4 of the Finance Act 2003 (c. 14) and the consequential amendment of section 88 of the Companies Act 1985 (c. 6) by the Stamp Duty Land Tax (Consequential Amendment of ...
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The drastic remedy of liquidation was mitigated significantly as the unfair prejudice action was introduced by the Companies Act 1985. Now under the Companies Act 2006 section 996, a court can grant any remedy, but will often simply require that a minority shareholder's interest is bought out by the majority at a fair value. The cause of action ...