|
The initials plc after a UK or Irish company name indicate that it is a public limited company, a type of limited company whose shares may be offered for sale to the public. In Malaysia, the word berhad or Bhd indicates the same characteristic. Image File history File links Scale_of_justice. ...
Commercial law or business law is the body of law which governs business and commerce and is often considered to be a branch of civil law and deals both with issues of private law and public law. ...
Business organizations or Business Associations is an area of law that covers the broad array of rules governing the formation and operation of different kinds of entities by which individuals can organize to do business. ...
This article concerns the common-law legal system, as contrasted with the civil law legal system; for other meanings of the term, within the field of law, see common law (disambiguation). ...
A Sole proprietorship is a business which legally has no separate existence from its owner. ...
In the common law, a partnership is a type of business entity in which partners share with each other the profits or losses of the business undertaking in which they have all invested. ...
It has been suggested that Incorporation (business) be merged into this article or section. ...
This article needs to be wikified. ...
An income trust is an ownership vehicle for certain assets or businesses. ...
Statutory law is written law (as opposed to oral or customary law) set down by a legislature or other governing authority such as the executive branch of government in response to a perceived need to clarify the functioning of government, improve civil order, answer a public need, to codify existing...
A limited partnership is a form of partnership similar to a general partnership, except that in addition to one or more general partners (GPs), there are one or more limited partners (LPs). ...
A Proprietary limited company or abbreviated as under Australian law is a business structure that has at least one shareholder with a limited number of shares. ...
Limited liability partnerships (LLP) are a form of business organization combining elements of partnerships and corporations. ...
A limited liability company (denoted by L.L.C. or LLC) is a legal form of company offering limited liability to its owners. ...
Civil law is a codified system of law that sets out a comprehensive system of rules that are applied and interpreted by judges. ...
Aktiebolag is the Swedish term for a corporation, i. ...
The German term Aktiengesellschaft (IPA /aktsiÉngÉzεlÊaft/) (abbreviated AG) means a corporation which is limited by shares, , owned by shareholders. ...
Gesellschaft mit beschränkter Haftung (GmbH or GesmbH) is a type of legal entity created in Germany in 1892. ...
The kabushiki kaisha (Jp. ...
The term Naamloze Vennootschap (usually abbreviated NV) is the Dutch terminology for a public limited liability company. ...
Osakeyhtiö, directly translated as share corporation, is the Finnish equivalent of Limited company (Ltd or LLC) or Gesellschaft mit beschränkter Haftung (GmbH). ...
S.A. is the abbreviation of Société Anonyme in French, SpóÅka Akcyjna in Polish, Sociedad Anónima in Spanish, Sociedade Anónima in Portuguese, or Naamloze Venootschap (N.V.) in Dutch, generally designating corporations in various countries. ...
An aksjeselskap is the Norwegian term for a stock-based corporation. ...
Corporate governance is the set of processes, customs, policies, laws and institutions affecting the way a corporation is directed, administered or controlled. ...
Limited liability (LL) is liability that is limited to a partner or investors investment. ...
Ultra vires is a Latin phrase that literally means beyond the power. ...
The business judgment rule is a case law-derived concept in Corporations law whereby a court will refuse to review the actions of a corporations Board of Directors in managing the corporation unless (1) there is some allegation of conduct that violates the corporate Duty of Care or Duty...
De facto corporation and corporation by estoppel are both terms that are used by courts to describe circumstances in which is a business organization that has failed to become a de jure corporation (a corporation by law) will nonetheless be treated as a corporation, thereby shielding shareholders from liability. ...
The corporate law concept piercing (Lifting) the corporate veil describes a legal decision where an officer, director, or shareholder of a corporation is held liable for the debts of the corporation despite the general principle that those persons are immune from suits in contract or tort that otherwise would only...
A contract is a promise or an agreement that is enforced or recognised by the law. ...
Civil procedure is the body of law that sets out the process that courts will follow when hearing cases of a civil nature (a civil action). These rules govern how a lawsuit or case may be commenced, what kind of service of process is required, the types of pleadings or...
It has been suggested that Incorporation (business) be merged into this article or section. ...
A limited company in the United Kingdom is a company whose liability is limited by English law or Scots law. ...
See stock (disambiguation) for other meanings of the term stock In financial terminology, stock is the capital raised by a corporation, through the issuance and sale of shares. ...
The designation plc or PLC (either form is acceptable) was introduced in the UK by the Companies Act 1980, and in the Republic of Ireland by the Companies (Amendment) Act 1983. In the Republic of Ireland, the initials "cpt" (for the Irish cuideachta phoiblí theoranta) may be used instead, but this is rarely the case. Welsh companies may use the letters "ccc" (for "cwmni cyfyngedig cyhoeddus") in similar fashion. Certain public limited companies incorporated under special legislation (mainly nationalised concerns) are exempt from carrying the letters plc, ccc, or cpt. 1980 (MCMLXXX) was a leap year starting on Tuesday. ...
1983 (MCMLXXXIII) was a common year starting on Saturday of the Gregorian calendar. ...
Nationalization is the act of taking assets into state ownership. ...
When a new company is incorporated in either England and Wales or Scotland, it must be registered with Companies House, which is an Executive Agency of the Department of Trade and Industry. In the Republic of Ireland, the equivalent body is the Companies Registration Office, Ireland. Northern Ireland also has a Registrar of Companies. Royal motto: Nemo me impune lacessit (English: No one provokes me with impunity) Scotlands location within the United Kingdom Languages English, Gaelic, Scots Capital Edinburgh Largest city Glasgow First Minister Jack McConnell Area - Total - % water Ranked 2nd UK 78,782 km² 1. ...
Companies House is an Executive Agency of the Department of Trade and Industry. ...
An Executive Agency is a British public institution that carries out some part of the executive functions of the United Kingdom government, Scottish Executive, Welsh Assembly and Northern Ireland Executive. ...
The Department of Trade and Industry is a United Kingdom government department. ...
The Companies Registration Office (CRO) (Irish: An Oifig um Chlárú Cuideachtaí) registers and incorporates companies in the Republic of Ireland as well as filing their annual returns. ...
Internationally plc status is roughly equivalent to AG, S.A., N.V. and Corporation. The German term Aktiengesellschaft (IPA /aktsiÉngÉzεlÊaft/) (abbreviated AG) means a corporation which is limited by shares, , owned by shareholders. ...
S.A. is the abbreviation of Société Anonyme in French, SpóÅka Akcyjna in Polish, Sociedad Anónima in Spanish, Sociedade Anónima in Portuguese, or Naamloze Venootschap (N.V.) in Dutch, generally designating corporations in various countries. ...
The term Naamloze Vennootschap (usually abbreviated NV) is the Dutch terminology for a public limited liability company. ...
It has been suggested that Incorporation (business) be merged into this article or section. ...
Requirements
When forming (or creating) a PLC there must be: - at least £50,000-worth (Republic of Ireland: €38,092.14) of share capital of which at least 25% must have been paid for.
- two shareholders
- two directors, one of whom may also be the company secretary
- a certificate of entitlement (the trading certificate) to do business and borrow capital
While it is not compulsory for a PLC to "float" its shares (some PLCs retain ownership of all their shares, maintaining the PLC designation for the extra financial status) many do, and their shares are usually traded on either the London Stock Exchange or the Alternative Investments Market (AIM). Irish public limited companies usually trade on the Irish Stock Exchange, though many also list on the LSE, or more rarely, the AIM. The Source by Greyworld, in the new LSE building Paternoster Square. ...
The Alternative Investments Market (AIM) is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the Main Market. ...
The Irish Stock Exchange (ISE) is Irelands stock exchange and can trace its history to 1793. ...
See also A Limited liability company (denoted by L.L.C. or LLC) is a type of legal entity which has only relatively recently been made possible to establish in the United States and many other, mainly anglophone, countries. ...
Limited liability partnerships (LLP) are a form of business organization combining elements of partnerships and corporations. ...
2001: A Space Odyssey. ...
This is a partial list of notable UK public limited companies (PLCs). ...
External links |