Section 928: Approval of articles of new transferee company (division)

Companies Act 2006 · 2006 c. 46View on legislation.gov.uk

Part 27: Mergers and divisions of public companies — Chapter 3: Division

The articles of every new transferee company, or a draft of them, must be approved by ordinary resolution of the transferor company.

Subsection (1) does not apply in the case of a compromise or arrangement to be sanctioned under Part 26A.

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