Company law
Insolvency Services consultation on proposals for a
restructuring moratorium
This consultation seeks views on proposals for a new
restructuring moratorium which is intended to help businesses meet
the challenges that they face coming out of a recession, including
refinancing and restructuring existing debts, and to access the
finance they require to support investment and growth.
Department of Business, Innovation and Skills consultation on
registration of charges created by companies and limited liability
partnerships
Under English law, companies are able to use any or all of their
assets as security for loans. This involves the creation of a
charge over the company's assets. The scope for companies to use
assets as security for loans is more restricted under Scots law as
that law does not recognise fixed non-possessory charges over
goods. This consultation seeks views on proposals to amend the
current scheme.
Department of Business, Innovation and Skills consultation on
the Companies Act 2006: Statements of Capital
This consultation looks at the new "statement of capital"
provision - a snapshot of a company's share capital that must be
produced at various stages in a company's life-cycle, including
each year in its annual return. It sets out proposals for amending
the requirements that balance the interest of third parties in
obtaining information with the cost to the company of supplying
it.
Department of Business, Innovation and Skills consultation on
the Companies Act 2006: objecting to a registered address
This consultation seeks views on whether and how the law should
be changed to address the problem of companies which incorrectly
use, as their registered office address, the address of another
business or private individual with whom they have no
connection.
Department of Business, Innovation and Skills consultation on
the Companies Act 2006: notices of auditors leaving office
This consultation invites comments on the options for
simplifying the arrangements for the provision of information to
shareholders, creditors, the audit and accounting authorities and
Companies House when auditors leave office.