If all members holding shares in, and all persons holding other securities of, the merging companies, being shares or securities that carry a right to vote in general meetings of the company in question, so agree, the following requirements do not apply.
The requirements that may be dispensed with under this section are—
the requirements of—
i)section 908 (directors' explanatory report),
section 909 (expert's report),
section 910 (supplementary accounting statement), and
section 911B (report on material changes of assets of merging company); and
the requirements of section 911 (inspection of documents) so far as relating to any document required to be drawn up under sections 908, 909 or 910.
For the purposes of this section—
the members, or holders of other securities, of a company, and
whether shares or other securities carry a right to vote in general meetings of the company,
are determined as at the date of the relevant application.
In subsection (2) "the relevant application" means—
in the case of a compromise or arrangement to be sanctioned under Part 26, the application to the court under section 896;
in the case of a compromise or arrangement to be sanctioned under Part 26A, the application to the court under section 901C(1).