Can a Minor Own Shares in a Private Limited Company? - A Bitesized Guide
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Can a Minor Own Shares in a Private Limited Company? - A Bitesized Guide
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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 webinar was recorded on 26th June 2024
You can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.
