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In the United Kingdom, company law is the set of rules that govern how businesses are formed, operated, and dissolved. These rules are primarily codified in the Companies Act 2006.
Company law in the UK is designed to promote fairness and transparency in business dealings, as well as to protect the interests of shareholders and other stakeholders. The law also seeks to strike a balance between the rights of directors and those of shareholders.
Some of the key concepts in UK company law include limited liability, corporate personality, shareholder rights, and directors' duties. These concepts help to ensure that businesses can be formed and operated safely and responsibly.
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