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(1) A public company formed as such shall not enter into an agreement—(a) with a person who is a subscriber to the company's memor…
(1) A company to which a report is made under section 368 as to the value of any consideration for which, or partly for which, it…
(1) Part XLI applies to the valuation and report required by section 368. (2) The valuer shall specify in the report— (a) the nomi…
(1) Section 368 does not apply to the allotment of shares by a company in connection with a proposed merger with another company.…
(1) Section 368 does not apply to the allotment of shares by a company in connection with an arrangement for the allotment of shar…
(1) A public company shall not allot shares as fully or partly paid up (as to their nominal value or any premium on them) otherwis…
(1) For the purpose of this Division, the appropriate rate of interest is— (a) five percent; or (b) if some other rate is fixed un…
If a company contravenes a provision of section 356, 361, 362 or 362, the company, and each officer of the company who is in defau…
(1) This section applies in relation to liability under section 360(2), 362(3) or (4) or 366 as it applies in relation to a contra…
(1) Except as provided by subsection (2), a person who becomes a holder of shares in respect of which— (a) there has been a contra…
(1) A public company shall not allot shares as fully or partly paid up as to their nominal value or any premium on them otherwise…
(1) A public company shall not allot a share except as paid up at least as toone-quarter of its nominal value and the whole of any…
(1) A public company shall not accept at any time, in payment up of its shares or any premium on them, an undertaking given by a p…
(1) A subscriber to the memorandum of a public company who takes shares of the company as a result of an undertaking given in the…
For the purposes of this Act, a share in a company is paid up, as to its nominal value or any premium on it, in cash, or allotted…
Shares allotted by a company, and any premium on them, may be paid up in money or in money's worth (including goodwill and know-ho…
A company may, if authorised to do so by its articles, pay dividends in proportion to the amount paid up on each share.
(1) A company shall not allot its shares at a discount. (2) If shares are allotted in contravention of subsection (1), the allotte…
(1) If an allotment of shares is made to an applicant in contravention of section354, the applicant has a right to avoid the allot…
(1) A public company shall not allot shares of the company offered for public subscription unless— (a) the issue is subscribed for…
(1) This Division does not apply to an allotment of equity securities of a publiccompany that are subject to a pre-emption require…
(1) This Division does not limit the application of any other written law underwhich a company is prohibited (whether generally or…
The provisions of this Division relating to shareholders’ pre-emption rights do not apply to the taking of shares by the subscribe…
(1) In relation to an offer to allot securities required by section 338, a reference,however expressed, to the holder of shares of…