Reduction of capital

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Practice notes
A limited company may buy back shares in itself, if certain conditions set out in the Companies Act 2006 (CA 2006) are met. This is known as a share...
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6th Oct
Practice notes
A share purchase agreement (SPA) will typically include warranties and indemnities given by the seller in favour of the buyer.Why warranties and...
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26th Sep
Practice notes
A limited company may buy back shares in itself, if certain conditions set out in the Companies Act 2006 (CA 2006) are met. This is known as a share...
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5th Oct
Practice notes
It is a fundamental rule of English company law that a limited company having a share capital must maintain that capital. Therefore, a company must...
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Produced in partnership with Christopher Field of Dechert 9th Oct
Practice notes
The allotment of shares and issue of shares is governed by statute and the applicable statutory provisions differ according to the type of company...
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13th Oct
Practice notes
This Practice Note considers the nature of shares in a company and the classes into which they can be divided. If a company has shares of different...
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25th Sep
Practice notes
A company having a share capital may have separate classes of shares. As a general rule, a type of share will form a separate class from other shares...
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8th Oct
Practice notes
Coronavirus (COVID-19): Following the COVID-19 outbreak, some Companies House filing and other administrative procedures have been temporarily...
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26th Sep
Practice notes
The allotment and issue of shares is governed by statutory rules, which differ according to the type of company which is proposing the allotment...
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13th Oct
Practice notes
A limited liability partnership (LLP) is not a partnership but a body corporate that is formed under the Limited Liability Partnerships Act 2000 (LLPA...
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26th Sep
Practice notes
Coronavirus (COVID-19): Following the COVID-19 outbreak, some Companies House filing and other administrative procedures have been temporarily...
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14th Oct
Practice notes
This Practice Note summarises the law in relation to calling a general meeting of a private company limited by shares or a public company limited by...
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25th Sep
Practice notes
Sources of partnership lawThe main body of law governing a general partnership formed under English law (as opposed to a limited liability...
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25th Sep
Practice notes
An intra-group reorganisation involves the transfer of group company share capital or group assets between two or more companies in the same corporate...
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19th Oct
Practice notes
Coronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, the London Stock Exchange released a notice to give companies guidance on the...
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12th Oct
Practice notes
A limited company that proposes to issue redeemable shares must comply with the provisions of the Companies Act 2006 (CA 2006).Why do companies issue...
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12th Oct

Most recent Reduction of capital content

Practice notes
The details to be included in a statement of capital, where one is required from a company by various provisions of the Companies Act 2006 (CA 2006),...
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25th Sep
Precedents
In the high court of justiceBUSINESS AND PROPERTY COURTS OF ENGLAND AND WALESINSOLVENCY AND COMPANIES LIST (ChD)Companies courtIn the matter of...
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26th Sep
Precedents
CLAIM NO. [insert claim number] In the high court of justiceBUSINESS AND PROPERTY COURTS OF ENGLAND AND WALESINSOLVENCY AND COMPANIES LIST...
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26th Sep
Precedents
Special resolution[That the issued share capital of the Company be reduced from [insert monetary amount] divided into [insert number] ordinary shares...
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26th Sep
Precedents
Filed on behalf of the ClaimantWitness statement of [insert initial and surname of witness] of [insert name of share registrars]Number of witness...
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26th Sep
Precedents
Filed on behalf of the ClaimantWitness statement of [insert initial and surname of witness] of [insert company name]Number of witness statement:...
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26th Sep
Precedents
Filed on behalf of the ClaimantWitness statement of [insert initial and surname of witness] of [insert name of printing company]Number of witness...
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26th Sep
Precedents
Special resolution[That the amount standing to the credit of the share premium account of the Company be reduced from [insert monetary amount] to...
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26th Sep
Practice notes
Coronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, some Companies House filing and other administrative procedures have been...
Read More >
26th Sep
Precedents
In the high court of justiceBUSINESS AND PROPERTY COURTS OF ENGLAND AND WALESINSOLVENCY AND COMPANIES LIST (ChD)Companies courtIn the matter of...
Read More >
26th Sep
Precedents
CLAIM NO. [insert claim number] In the high court of justiceBUSINESS AND PROPERTY COURTS OF ENGLAND AND WALESINSOLVENCY AND COMPANIES LIST...
Read More >
26th Sep
Precedents
CLAIM NO. [insert claim number] In the high court of justiceBUSINESS AND PROPERTY COURTS OF ENGLAND AND WALESINSOLVENCY AND COMPANIES LIST...
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26th Sep
Precedents
[On headed notepaper of the creditor]The Directors[insert company name] [Plc OR Limited OR Ltd][insert company address][insert date]Dear...
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26th Sep
Precedents
this document is important and requires your immediate attention.If you are in any doubt about the contents of this document, or as to what action you...
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26th Sep
Precedents
CLAIM NO. [insert claim number] In the high court of justiceBUSINESS AND PROPERTY COURTS OF ENGLAND AND WALESINSOLVENCY AND COMPANIES LIST...
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26th Sep
Precedents
Company number: [insert number][insert company name] [plc OR Limited]Minutes of a meeting of the board of directors (the Meeting) of [insert full name...
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26th Sep
Precedents
Company number: [insert number] [insert company name] [plc OR Limited]Minutes of a meeting of the board of directors (the Meeting) of [insert full...
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26th Sep
Precedents
Company number: [insert number] [insert company name] LIMITED(the Company)Statement of directorsWe, all the directors of the Company, make this...
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26th Sep
Precedents
Company number: [insert number][insert company name] [plc OR Limited]Minutes of a meeting of the board of directors (the Meeting) of [insert full name...
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26th Sep
Precedents
Company number: [insert number][insert company name] LIMITED(the Company)SOLVENCY STATEMENTWe being all of the directors of the Company make this...
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26th Sep

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