Members’ meetings and resolutions—glossary of terms


Published by a ÀÏ˾»úÎçÒ¹¸£Àû Corporate expert
Practice notes

Members’ meetings and resolutions—glossary of terms


Published by a ÀÏ˾»úÎçÒ¹¸£Àû Corporate expert

Practice notes
imgtext

A

ABISee Association of British Insurers.
Accounts meetingThe particular general meeting of the company at which its Annual accounts and reports are (or are to be) laid in accordance with CA 2006, s 437, most typically its AGM. Public companies must send out copies of their annual accounts and reports no later than 21 days before the date of the relevant accounts meeting (CA 2006, s 424). For further information see Practice Note: Publication and laying of annual accounts and reports.
Accounting reference period (ARP)Usually the period of twelve months over which a company draws up its accounts. If the company's accounting period does not coincide with its period of account or if the accounting period spans more than one financial year, the profits must be apportioned (see accounting reference date (ARD) below and Practice Note: Basic principles of corporation tax—overview).
Accounting reference date (ARD)A company’s accounting reference period (ARP) is determined by reference to its accounting reference date: it ends on that date. The ARD is normally
Powered by Lexis+®
Jurisdiction(s):
United Kingdom
Related legal acts:
Key definition:
Association of British Insurers definition
What does Association of British Insurers mean?

A trade association of the UK insurance industry, with a focus on corporate governance issues and the development of institutional voting guidelines for its members (following the merger of ABI Investment Affairs with the Investment Association (IA) in June 2014, IA has assumed responsibility for previously issued ABI guidance).

Read more

Popular documents

Is a special resolution still valid if not filed at Companies House?

Is a special resolution still valid if not filed at Companies House?Sections 29–30 of the Companies Act 2006 (CA 2006) require all special resolutions to be filed with the Registrar within 15 days. Failure to do so will therefore trigger potential criminal liability for the company and all officers,

The Duomatic principle

The Duomatic principleThe principle definedCompany decisions are made by way of resolutions of the shareholders. There are three ways in which a resolution of a company may be validly passed:•by use of the statutory written resolution procedure (for private companies only and subject to specified

Member resolutions

Member resolutionsThe agreement of the members of a company is required to make certain changes to a company, such as amending its constitution, name or share capital, or for the company to carry out certain actions, such as entering into a substantial property transaction with a director or making

Appointing a proxy

Appointing a proxyA member’s right to appoint a proxy is governed by the Companies Act 2006 (CA 2006). In addition to the statutory provisions, companies are entitled to confer more extensive rights in relation to the appointment of proxies in their articles of association.A traded company has to