Tuesday, 26 May 2009

UK: the Companies (Shareholders’ Rights) Regulations 2009

A revised draft of the Companies (Shareholders’ Rights) Regulations 2009 has been published by BERR, following a consultation which ended in January. Comments are invited on the revised draft but respondents must be quick: the deadline is 29 May. The Regulations are scheduled to come into force on 3 August 2009 and will implement the Shareholder Rights Directive (2007/36/EC) by making changes to Part 13 (Resolutions and Meetings) of the Companies Act (2006).

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