Companies Act 2006 - Directors' Duties: Sections 171-177 outlining directors' duties, including duty to act within powers, promote company success, exercise independent judgment, and avoid conflicts of interest
Companies Act 2006 - Board Procedures: Sections 282-292 covering decision-making procedures for boards, including requirements for board resolutions and formal procedures
Articles of Association Requirements: Company's constitutional document specifying internal regulations including specific requirements for passing board resolutions, quorum requirements, and voting procedures
UK Corporate Governance Code: Applicable for listed companies, setting out standards of good practice for board composition, development, remuneration, shareholder engagement, and accountability
Financial Services and Markets Act 2000: Regulatory framework for financial services companies, including additional requirements for board decisions and shareholder agreements if the company operates in the financial sector
Small Business, Enterprise and Employment Act 2015: Legislative framework affecting corporate governance and transparency requirements for UK companies
Fiduciary Duties: Legal obligation for directors to act in the best interests of the company, with loyalty and care
Meeting Notice Requirements: Legal requirements for proper notice periods and information distribution before board meetings
Record-Keeping Obligations: Legal requirements to maintain proper records of board resolutions and decisions, including minutes and supporting documentation
