company law

(redirected from Companies law)
Also found in: Dictionary, Thesaurus, Legal, Encyclopedia, Wikipedia.

company law

a body of legislation providing for the regulation of JOINT-STOCK COMPANIES. British company law encouraged. the development of joint-stock companies by establishing the principle of LIMITED LIABILITY and provides for the protection of SHAREHOLDERS' interests by controlling the formation and financing of companies. The major provisions of UK company law are contained in the 1948,1967, 1976, 1981,1985 and 1989 Companies Acts. See ARTICLES OF ASSOCIATION, MEMORANDUM OF ASSOCIATION.
References in periodicals archive ?
Except the liability for gross error, the old Companies Law has similar provisions relating to the liability of a manager.
Senior members of Curtis' Oman corporate law team on Wednesday hosted a seminar to discuss the new Commercial Companies Law and how companies will be affected by this landmark piece of Omani legislation.
The session introduced the participants to the most important provisions of the UAE Companies Law and the DIFC Companies Law and the changes they are bringing to the business environment in the country.
"The UAE Companies Law and its changes have added value to the business community and enhanced the country's status as an ideal destination for investment," Kazim explained.
Ridha bin Juma al-Saleh, Deputy Chairman of the Board of Directors of OCCI for Administrative and Financial Affairs, said that the new Commercial Companies Law will contribute to achieving a great ease in registering companies, enabling them to operate within the Sultanate and provide the appropriate environment to attract many local and foreign investments, in addition to eliminating many current obstacles and challenges.
He said that the new Commercial Companies Law makes it obligatory for the competent authorities to set the governing principles for commercial companies.
On the 2nd of May 2016, a new companies law came into force as issued by the Royal Decree no.
The new Companies Law adopts international best practices on company formation, business registration process, corporate governance, and lifts the threshold on foreign ownership.
The workshop, which was attended by Dubai Chamber members, lawyers and legal consultants, investors, contract specialists, general managers and business owners, provided insights into the provisions of the new new Commercial Companies Law while assessing its impact on companies operating in the country.
Jehad Kazim, director of legal services, Dubai Chamber, said: "The new UAE Commercial Companies Law No.
Prior to RD 39/2014 which came into effect on August 2014 which amends the Insurance Companies Law , companies wishing to carry out insurance business in Oman were, among other things, required to be joint stock companies (either closed or a public joint stock company) with a paid up share capital of RO5mn.
The guarantees are included in the personal sponsorship law and the companies law which also ensure the rights of foreign investors in Qatar.

Full browser ?