COMPANIES ACT 2006

The Companies Act 2006



The Companies Act 2006

Companies Act 2006

The Companies act 2006 is implemented by Parliament of the United Kingdom. It's main agenda is to design and implement laws pertaining to UK company operations and duties. It is comprised to 1300 sections, 700 pages, and 16 schedules. This act had replaced the previous Companies Act 1985 (Paul Maunders, 2010).

Bribe in context of Companies Act 2006

Duties regarding not accepting bribe or gifts from third parties of a Director include the following:

A director is not allowed to accept any gift or benefit from third party for a reason of being ...