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Companies Act 2006

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This is the original version (as it was originally enacted).

Death or bankruptcy of holder of shares

This section has no associated Explanatory Notes

17(1)This paragraph has effect in the case of the death or bankruptcy of a holder of a company’s shares.

(2)Documents or information required or authorised to be sent or supplied to the member may be sent or supplied to the persons claiming to be entitled to the shares in consequence of the death or bankruptcy—

(a)by name, or

(b)by the title of representatives of the deceased, or trustee of the bankrupt, or by any like description,

at the address in the United Kingdom supplied for the purpose by those so claiming.

(3)Until such an address has been so supplied, a document or information may be sent or supplied in any manner in which it might have been sent or supplied if the death or bankruptcy had not occurred.

(4)This paragraph has effect subject to anything in the company’s articles.

(5)References in this paragraph to the bankruptcy of a person include—

(a)the sequestration of the estate of a person;

(b)a person’s estate being the subject of a protected trust deed (within the meaning of the Bankruptcy (Scotland) Act 1985 (c. 66)).

In such a case the reference in sub-paragraph (2)(b) to the trustee of the bankrupt is to be read as the permanent or interim trustee (within the meaning of that Act) on the sequestrated estate or, as the case may be, the trustee under the protected deed.

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