An invaluable introduction to the formation and management of private limited companies. Gordon Brough's fully revised second edition provides the market with a first-class guide into a potentially problematic subject area. The author highlights the principal legal and commercial requirements of ongoing management, from the mechanisms governing the relationship between directors and shareholders to the requirements for opening a bank account, whilst embracing all recent legislative changes including the Requirements of Writing (Scotland) Act 1995 and the Companies (Single Member Private Limited Companies) Regulations 1992.