Companies Act (2006)

The Companies Act 2006 is a UK law that sets out rules for how companies are formed, managed, and dissolved. It covers topics like company directors’ responsibilities, shareholders’ rights, and how companies must keep records and file reports. The Act aims to ensure transparency, accountability, and proper governance of companies, making it easier for businesses to operate legally and efficiently while protecting the interests of investors and the public. It essentially provides a clear legal framework to support fair and effective business practices in the UK.