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Part 13U.K.Resolutions and meetings

Chapter 2U.K.Written resolutions

Circulation of written resolutionsU.K.

295Application not to circulate members' statementU.K.

(1)A company is not required to circulate a members' statement under section 293 if, on an application by the company or another person who claims to be aggrieved, the court is satisfied that the rights conferred by section 292 and that section are being abused.

(2)The court may order the members who requested the circulation of the statement to pay the whole or part of the company's costs (in Scotland, expenses) on such an application, even if they are not parties to the application.

Commencement Information

I1S. 295 wholly in force at 1.10.2007; s. 295 not in force at Royal Assent see s. 1300; s. 295 in force at 1.10.2007 by S.I. 2007/2194, art. 2(1)(f) (with saving in art. 12 and subject to transitional adaptations specified in Sch. 1 and with transitional provisions and savings in Sch. 3)