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what if my company has no shareholders agreement so theres no legal requirement for shareholders agreement or bespoke articles of Association but there are several very important reasons why we would recommend these firstly most day-to-day decision making is done by a companys directors if shareholders want some controls over business decisions those controls should be included in a shareholders agreement a shareholder might want to be consulted over a companys spending or borrowing taking on senior employees or a change in the nature of the business for example what if one of the shareholders wanted to set up a competing business we normally recommend including some key protections for the company for example some suitable non-compete Arrangements restrictions on poaching employees or clients and some confidentiality obligations to safeguard the business have you thought about what would happen if the company wanted to issue new shares to a new investor or a shareholder wanted to s
