New Table A for limited companies

On 1 October 2007 the Companies (Tables A to F) (Amendment) Regulations 2007 (SI 2007/2541) will amend Table A. Existing companies should review their articles to determine whether the version of Table A which applies to them does not prevent them from implementing the deregulatory provisions introduced in October 2007 by the Companies Act 2006. There are 3 main points to note:

• a private company with 1948 Table A will be required to hold an AGM.

• a company which currently incorporates regulation 38 of Table A into its articles will need to give 21 days' notice of the passing of a special resolution at a general meeting instead of the 14 days required by the Act, in order to comply with its articles.

• a company which currently incorporates regulation 36 of Table A into its articles will continue to hold 'extraordinary' general meetings, rather than general meetings.

Companies in these situations may wish to amend their articles to change the relevant provisions.