Legal updates: March 2024

Sophie Brookes and Debbie Shaw of Gateley explain changes to Companies House filing requirements, limitation of liability clause in Costcutter and fiduciary duties in MOL merger dispute

ECCTA 2023: first changes for companies, increased filing fees and new financial penalties

On 4 March 2024 the first significant changes for companies under the Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) came into force.

Companies House has also announced that its various filing fees will be increasing from May in order to fund its expanded role and functions under ECCTA 2023 and new financial penalties signal a stricter approach to compliance.

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