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Is the Doctrine of 'Maintenance of Share Capital' reinforced by the Company Act of 2006?

  • The Company Act of 2006 supports Maintenance of Share Capital.

    The Company Act of 2006 enabled the maintenance of share capital by removing national approval for such maintenance. The idea had been forwarded by companies that had been restricted access to their own capital because it was in the form of another currency. The capital is now fully authorized to be maintained as the company sees fit without having to notify the court.

  • Doctrine Of Maintenance

    I personally think that a company's share capital is the liability of the shareholders. It is the aggregate value of the shares they bought upon entering or subscribing to be a company member. This Share Capital is seen as a permanent fund for shareholders should a company not be able to pay its debts after the assets have been sold upon winding up. It is a way of ensuring that creditors can get some money back. The Companies Act 2006 ('CA') introduced a whole new way of monitoring and regulating companies, but do these modifications reinforce or disintegrate the doctrine of maintenance of share capital?

  • yes it is

    Yes, this doctrine is using this act to make it a lot stronger, and make sure that it must be followed by even more people. These are some really good programs that are in place though, and they do a whole lot of good for the people here in the US.

  • 'Maintenance of Share Capital'

    A company's share capital is the liability of the shareholders. It is the aggregate value of the shares they bought upon entering or subscribing to be a company member. This Share Capital is seen as a permanent fund for shareholders should a company not be able to pay its debts after the assets have been sold upon winding up. It is a way of ensuring that creditors can get some money back. The Companies Act 2006 ('CA') introduced a whole new way of monitoring and regulating companies, but do these modifications reinforce or disintegrate the doctrine of maintenance of share capital?

  • No, Maintenance of Share Capital was not reinforced by the Company Act of 2006.

    I could not find any evidence that the Maintenance of Share Capital is a doctrine that is reinforced by the Company Act of 2006. I do think that while it shares some similiar aspects and procedures, it is not something that can be regarded as being a format that can be labeled as that.


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