Requirements of the company seal


Published by a 老司机午夜福利 Commercial expert
Practice notes

Requirements of the company seal


Published by a 老司机午夜福利 Commercial expert

Practice notes
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This PrACTice Note provides practical guidance regarding the Requirements of the Company Seal. Where a company has a seal and it is being utilised, practitioners must ensure that it complies with the relevant section of the Companies Act 2006 (CA 2006). However, note that not all companies have a company seal and even companies that do have seals are not obliged to execute simple documents under seal. For further details, see Practice Note: Execution formalities鈥攃ompanies.

We have produced a toolkit that is a comprehensive, interactive resource to help users identify and work through the concepts and common issues when executing documents, including information relating to the use of a company seal. Each section or phase includes practical guidance, precedent clauses and Q&As relevant to that section. For more information, see: Execution toolkit.

Requirements for all company seals

Company seals are required to have the company's name engraved in legible characters on them. Failure to comply with this requirement results in a criminal offence being committed by the company and each of its officers. The penalty for breach is a

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Requirements definition
What does Requirements mean?

A DCO should include 鈥淩equirements鈥 to which the development authorised by the DCO is to be subject. Similar to planning conditions, a requirement specifies the matters for which detailed approval needs to be obtained before the development can be lawfully begin.

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