Companies Act 2014 section 703

Representation of bodies corporate at meetings held during winding up

Section 703 confirms that the general rules allowing corporate bodies to appoint representatives to attend company meetings continue to apply during a winding up.

• Section 185 of the Companies Act 2014 sets out the general rules for how a corporate body may appoint a representative to attend meetings of a company.
• Section 703 clarifies, for the avoidance of doubt, that these rules remain fully in force during a liquidation.
• This means that where a shareholder, contributory or creditor is itself a body corporate, it may authorise an individual to act as its representative at any meeting held in the course of the winding up.
• Section 703 is a clarifying provision introduced by the Companies Act 2014 to remove any uncertainty about the continued application of section 185 during liquidation proceedings.