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Cover of Company Directors: Duties, Liabilities and Remedies

Company Directors: Duties, Liabilities and Remedies

Edited by: Mark Arnold KC, Simon Mortimore KC
Price: £275.00

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Running a Flat Management Company 4th ed


ISBN13: 9780853088608
ISBN: 0853088608
Previous Edition ISBN: 0853086044
Published: February 2004
Publisher: LexisNexis Butterworths
Country of Publication: UK
Format: Paperback
Price: Out of print



A jargon-free book, written for directors and secretaries of flat management companies. It provides practical guidance and clear answers to such questions as: What does a director or secretary need to do? What practical financial arrangements should be made? What meetings must be held, minutes taken and records kept?

A star-rating system shows which tasks can be performed by the company secretary and when professional advisers should be approached for help. Examples of model letters to residents, AGM agenda and minutes, as well as the most common company forms are included. Jordans' memorandum and articles for relevant flat management companies are included, together for the first time with explanatory notes.

This new edition has been extensively revised and updated to take account of recent legislation which introduces major developments affecting leaseholders and managers, including: no fault right-to-manage premises and right-to-enfranchise (acquire freehold); commonhold - the new form of property ownership; and changes in rights and procedures governing such matters as service charges, improvements works, accounting and administrative charges.

Contents:
Methods of flat management
the management company
enfranchisement - first refusal
right to manage
taking over the reins
the lease
officers and their duties
directors' meetings
shareholders' meeting
financial management and accounts
company secretarial checklists
when things go wrong
seeking professional advice. Appendices: forms
addresses.