Commentary

251 Inspection of draft scheme and directors’ report etc

COMPANIES vol 11 acquisitions, mergers, demergers

251 Inspection of draft scheme and directors’ report etc

251 Inspection of draft scheme and directors’ report etc

For a specified period, the members of each of the merging companies or of each of the companies involved in the division are entitled to inspect at the registered office of that company copies of the following documents relating to that company and every other company involved in the scheme except in relation to any of those documents which are made available on the company’s website1:

  1. 251.1

        the draft terms2;

  2. 251.2

        the directors’ explanatory report3;

  3. 251.3

        the expert’s report4;

  4. 251.4

        the company’s annual accounts and reports for the last three financial

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