CIC Association

Serving Community Enterprise

Information

CIC Governance

This group is intended to help CIC's with how they are managed, led and held to account. 

Members: 30
Latest Activity: 6 hours ago

Discussion Forum

What happens to company equipment if a CIC goes under? 5 Replies

Hey everyone - HNY!I have a question that sprung to mind regarding equipment and CICs?Now i think im correct in saying CIC gear is 'asset locked' but what does that mean in real world experience…Continue

Started by Alan Milner. Last reply by Alan Milner 6 hours ago.

Governing documents for Arts Council application 2 Replies

I'm making an application for an ACE bid. They ask for 'governance' documents to be attached which I understand are the Memo and Articles of Association.For a CIC these don't actually include info…Continue

Started by Ben Waddington. Last reply by Claire Binden yesterday.

CIC loaning assets?

We recently purchased two large pieces of equipment that we don't have room for in our studio at the moment. We bought them (they were secondhand bargains so we needed to act fast) when we had plans…Continue

Started by Claire Binden yesterday.

Non-executive directors / NED's 2 Replies

Hiya,I recently founded Chamkanu CIC (www.chamkanucic.com) and am looking for (2 Nepali and 2 British) NEDs.  The NEDs won't have any dealings in the…Continue

Started by Malikai Andrew. Last reply by Malikai Andrew Nov 7, 2017.

Comment Wall

Add a Comment

You need to be a member of CIC Governance to add comments!

Comment by Claire Hunt on July 6, 2017 at 16:38

Voting Rights of Non Executive Directors.

We would like to appoint some Non Executive Directors but we want to limit their voting rights to exclude certain things. Does anyone have examples of the sort of voting rights that you can you exclude without making their appointment meaningless, and how do you do it because the form you fill in for a non-executive director is the same a for a Director? We would for instance want to limit their ability to vote to sack us, the two founding Directors, without an extremely good reason!

Comment by Neil Blackwood on April 26, 2017 at 16:30

That is correct.

Although it may depend on the voting tights of the Chair, who may have the casting vote?

Even numbers of directors are not always a good idea!

Comment by Vicky Flood on April 24, 2017 at 23:01

Hi Sorry if im being a bit dim, but I have a question about the new Person of significant control register. 

Our CIC is limited by guarantee and therefore there are no share holders and the directors meetings are equal voting so I am unsure if all the directors (4) hold it equally and therefore wouldn't go on it because it would be 25%?

Really sorry.. cheers

Comment by Jeremy Kite on March 23, 2016 at 11:19

Hello Jackie - fire away!

Comment by Jackie Scruton on March 16, 2016 at 11:39

hello i have just become a non exec director and hope as I settle in I maybe be able to 'pick' peoples brains

thanks

Jackie 

 

Members (30)

 
 
 

Groups

From Funding Central

Events

© 2018   Created by John Mulkerrin.   Powered by

Badges  |  Report an Issue  |  Terms of Service