Companies Act 2014 section 1263

Application of section 193 in relation to an unlimited company

Section 1263 deals with how the rules on unanimous written resolutions (set out in section 193) apply to unlimited companies, and the ability of such companies to override those rules through their constitution.

• Section 193, which governs unanimous written resolutions, applies to unlimited companies.
• However, an unlimited company's constitution may override the written resolution rules if it provides otherwise.
• This gives unlimited companies greater flexibility than other company types, which cannot disapply section 193 through their constitution.
• This section is a new provision introduced by the Companies Act 2014, specifically tailored to the unlimited company form.