

On 23/05/2013,
you requested for the version in force on 23/05/2013
incorporating all amendments published on or before 23/05/2013.
The closest version currently available is that of 18/04/2013.

78G.
—(1) A company limited by shares may, as an alternative to reducing its share capital under section 78B or 78C, reduce it in any way by a special resolution approved by an order of the Court under section 78I, but the resolution and the reduction of the share capital shall not take effect until —
(a)
that order has been made;
(b)
the company has complied with section 78I(3) (lodgment of information with Registrar); and
(c)
the Registrar has recorded the information lodged with him under section 78I(3) in the appropriate register.
[21/2005]
(2) The company shall —
(a)
within 8 days beginning with the resolution date; and
(b)
in any case, before making an application to the Court under subsection (1),
send to the Comptroller a notice stating that the resolution has been passed and containing the text of the resolution and the resolution date.
[21/2005]
[UK, 1985, s. 59]







