The Companies Act 2008 introduced the key concept that a provision in a shareholder’s agreement that is inconsistent with the Companies Act and the company’s memorandum of incorporation (MOI) is void to the extent of the inconsistency. This was an about turn from the position under the previous Companies Act and the previous practice of shareholders, including a number of substantive provisions in a shareholder’s agreement, with little regard to the company’s memorandum and articles of association.