This new Blackstone's Guide provides the complete text of the Companies Act 2006 together with a clear explanation of the legislation and its impact. The Companies Act is a major piece of legislation - comprising 1264 sections and 16 schedules. It represents an attempt to reform company law for the 21st century in accordance with the Government's stated objectives of encouraging small companies, promoting shareholder involvement and fostering a long term investment culture. It puts whole areas of company law which are the product of the common law on a statutory basis for the first time, and implements EU Directives on Takeovers and Transparency Obligations.The Blackstone's Guide Series delivers concise and accessible books covering the latest legislative changes and amendments. Published soon after enactment, they offer timely and expert commentary on the meaning and effects of the legislation, plus a copy of the Act itself. The Guides are a cost-effective solution to key information needs and are the perfect companion for any practitioner needing to get up to speed with the latest changes.