Keywords Studios joins a list of high profile public companies who have committed "technical breaches" of the Companies Act 2006.
There are many situations where a company (public or private) can inadvertently breach the requirements of the Companies Act 2006.
This example is a reminder that solutions can (in some situations) be available for companies and directors who fail to adhere to the rules relating to lawful dividends. However, those solutions tend to be in the public arena with the risk of corresponding press coverage.
We broke law on dividends, says Keywords