A 'participator' is1, in relation to any company2, a person having a share or interest in the capital or income of the company3, and includes:
(1) any person who possesses, or is entitled to acquire, share capital or voting rights in the company;
(2) any loan creditor4 of the company;
(3) any person who possesses, or is entitled5 to acquire, a right to receive or participate in distributions6 of the company or any amounts payable by the company, in cash or in kind, to loan creditors by way of premium on redemption; and
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234