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Act of Sederunt (Applications in the Sheriff Court in respect of Defective Company Accounts) 1991

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Applications under section 245B of the Companies Act 1985

2.—(1) An application to the sheriff under section 245B of the Companies Act 1985(1) (application for declarator that annual accounts of a company do not comply with the requirements of that Act) shall be made by summary application.

(2) A copy of such an application shall be intimated to every director of the company at the time the accounts are approved.

(1)

1985 c. 6; section 245B was inserted by section 12 of the Companies Act 1989 (c. 40).

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