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Part 27U.K.Mergers and divisions of public companies

Chapter 2U.K.Merger

Requirements applicable to mergerU.K.

912Approval of articles of new transferee company (merger)U.K.

In the case of a merger by formation of a new company, the articles of the transferee company, or a draft of them, must be approved by ordinary resolution of F1. . . each of the transferor companies.

Textual Amendments

F1Words in s. 912 omitted (1.8.2011 with application in accordance with reg. 1(2)) by virtue of The Companies (Reporting Requirements in Mergers and Divisions) Regulations 2011 (S.I. 2011/1606), reg. 13