Company Law
Quote from Ludvik on August 18, 2023, 12:50 amI thought this forum was for disseminating law, but seems to be people moaning about courses. however
Member club incorporated in 2004 under CA1985 (amended 1979) share capital 2000 @£1 5 directors with 300 shares "held in trust" and 500 shares held for membership. (115) members. Fast forward 2022 6 directors holding 400 shares each no mention of "held in trust", membership shares have been diluted across the directors. is this still a members club. Thoughts!
I thought this forum was for disseminating law, but seems to be people moaning about courses. however
Member club incorporated in 2004 under CA1985 (amended 1979) share capital 2000 @£1 5 directors with 300 shares "held in trust" and 500 shares held for membership. (115) members. Fast forward 2022 6 directors holding 400 shares each no mention of "held in trust", membership shares have been diluted across the directors. is this still a members club. Thoughts!