| Commentary

209.6 Notice to registrar of cancellation of shares

| Commentary

209.6 Notice to registrar of cancellation of shares

Where shares are cancelled after being purchased, the company must give notice of cancellation to the registrar, within the period of 28 days beginning with the date on which the shares are delivered to it, specifying the shares cancelled1. The notice must usually2 be accompanied by a statement of capital, stating with respect to the company’s share capital immediately following the cancellation3:

  1. 209.6.1

        the total number of shares of the company;

  2. 209.6.2

        the aggregate nominal value of those shares;

  3. 209.6.3

        the aggregate amount (if any) unpaid

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial