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Notice of meetings – requirements and good practice

In this article we highlight the requirements for adequate and correct meeting notices (for Societies and companies), look at good practice and also draw your attention to some of the common pitfalls (which can actually lead to the proceedings of the relevant meeting being declared invalid). The rules for meetings differ depending upon the legal …read more

Documenting Company Decisions – Agenda and Minutes Pack

It is common for people in a company, incorporated Society or trust to want to take a “common sense” approach to decision making where legal processes require something more formal that may seem unnecessary. Sometimes the reasons for cumbersome processes are not clear. Surely they do not need to be followed all of the time? …read more

Using Company Powers of Attorney can avoid risks

Alternate Directors are a common feature of Company Constitutions and are widely used. However, in many cases, the alternate directors do not understand that their risks and obligations are the same as the ordinary directors. If this was more widely understood, we suspect that the use of alternate directors would significantly reduce. The Companies Act …read more

Pre-approved finance – read the fine print

Many house hunters arm themselves with pre-approved finance offers from their bank to assist their chances when hunting for their dream home or investment property bargains. What many purchasers don’t realise is that the fine print in the pre-approved finance offers requires the bank to be satisfied that the house being purchased will provide adequate …read more