Can a Minor Own Shares in a Private Limited Company? - A Bitesized Guide
Available to view from 8 Jul 2024
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Can a Minor Own Shares in a Private Limited Company? - A Bitesized Guide
Introduction
Whether a child may be permitted to be a shareholder in a company is a common query (particularly in smaller family-owned companies).
If you are involved in advising companies and are unsure of the legal position in relation to children owning shares, then this short webinar is for you.
What You Will Learn
This webinar will cover the following:
- Definition of a minor
- Companies Act 2006
- Articles of association requirements
- Reasons to consider not permitting a minor to hold shares:
- Contract law risks
- Personal liability of directors
- Voting issues
- Future sale difficulties
- Practical solutions
This pre-recorded webinar will be available to view from Monday 8th July 2024
Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.