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Company Law

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!

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