Reduction of capital

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Practice notes
A guide to share purchase agreementsThis Practice Note provides an overview of the agreement for the sale and purchase of shares in a private limited...
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19th May
Practice notes
De facto and shadow directorsDefinition of 'director'The Companies Act 2006 (CA 2006) broadly defines a director as 'any person occupying the position...
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19th May
Practice notes
Tailoring a shelf companyA person wishing to set up a new company has the following options:•they can incorporate a new company in accordance with the...
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19th May
Practice notes
Alternate directorsThis Practice Note considers the appointment and removal of alternate directors, their status, powers, duties and liabilities and...
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19th May
Practice notes
Non-executive directors—independenceThe concept of independence is key to provisions in the UK Corporate Governance Code (UKCG Code) on board...
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Produced in partnership with Advanced Boardroom Excellence 19th May
Practice notes
G20/OECD Principles of Corporate GovernanceThis Practice Note discusses the Principles of Corporate Governance (Principles) published by the Group of...
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Produced in partnership with Professor Brenda Hannigan of University of Southampton 19th May
Practice notes
The Prospectus Regulation—key changes in comparison to the Prospectus Directive regimeThis Practice Note provides an overview of the implementation of...
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19th May
Q&As
Can a capital contribution/gift by a shareholder be treated as distributable reserves?The issue is whether capital contributions or gifts by a...
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Produced in partnership with Brenda Hannigan of Southampton University 19th May
Practice notes
The Transparency DirectiveThis Practice Note provides an overview of the implementation of and key changes introduced by the EU Transparency Directive...
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Produced in partnership with Mr Darragh Connell of Forum Chambers 19th May
Practice notes
Sub-division and consolidation of sharesIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period...
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19th May
Practice notes
Insider listsThis Practice Note considers the obligation of an issuer who issues or proposes to issue financial instruments which are within the scope...
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19th May
Practice notes
General meetings—notice requirements for private and unlisted public companiesA general meeting must satisfy certain requirements set out in the...
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19th May
Practice notes
Notifying changes in share capital to Companies House—statement of capitalCoronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, some...
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19th May
Q&As
Will a redesignation of shares constitute a variation of class rights?A redesignation of shares involves a change in the name of some or all of a...
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Produced in partnership with Julian Henwood of Gowling WLG 19th May
Q&As
What is the process for a redesignation of shares?This Q&A examines how a company may carry out a redesignation of shares, meaning a change in the...
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19th May
Practice notes
Financial assistance—a quick guideThe Companies Act 2006 (CA 2006) prohibits: •a public company (or its subsidiary) from giving financial assistance...
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19th May

Most recent Reduction of capital content

Practice notes
Court procedure—reduction of capital—process and timetableCoronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, some Companies House...
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18th Aug
Practice notes
Solvency statement—reduction of capital—effect of the reductionIt is a fundamental rule of English company law that a limited company having a share...
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18th Aug
Practice notes
Court procedure—reduction of capital—effect of the reductionIt is a fundamental rule of English company law that a limited company having a share...
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18th Aug
Precedents
Instructions to counsel—court procedure—reduction of capitalIn the high court of justiceBUSINESS AND PROPERTY COURTS OF ENGLAND AND WALESINSOLVENCY...
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12th Aug
Precedents
Board minutes—court procedure—reduction of capital—confirmation of reductionCompany number: [insert number][insert company name] [plc OR...
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12th Aug
Precedents
Content of Part 8 claim form—reduction of capital—court procedureIn the high court of justiceBUSINESS AND PROPERTY COURTS OF ENGLAND AND...
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12th Aug
Precedents
Advertisement—court hearing of Part 8 claim form—reduction of capital—court procedureCLAIM NO. [insert claim number] In the high court of...
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12th Aug
Precedents
Explanatory circular—court procedure—reduction of capitalthis document is important and requires your immediate attention.If you are in any doubt...
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12th Aug
Precedents
Reduction order—reduction of capital—court procedureCLAIM NO. [insert claim number] In the high court of justiceBUSINESS AND PROPERTY COURTS OF...
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12th Aug
Precedents
Advertisement—registration of court order confirming reduction—reduction of capital—court procedureCLAIM NO. [insert claim number] In the high court...
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12th Aug
Precedents
Compliance statement—solvency statement procedure—reduction of capitalCompany number: [insert number] [insert company name] LIMITED(the...
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12th Aug
Precedents
Witness statement—court procedure—reduction of capital—director or secretaryFiled on behalf of the ClaimantWitness statement of [insert initial and...
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12th Aug
Precedents
Solvency statement—solvency statement procedure—reduction of capitalCompany number: [insert number][insert company name] LIMITED(the Company)SOLVENCY...
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12th Aug
Precedents
Board minutes—solvency statement procedure—reduction of capital—shareholder approvalCompany number: [insert company number][insert company name]...
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12th Aug
Precedents
Creditor consent letter—reduction of capital—court procedure[On headed notepaper of the creditor]The Directors[insert company name] [Plc OR Limited OR...
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12th Aug
Precedents
Directions order—reduction of capital—court procedureCLAIM NO. [insert claim number] In the high court of justiceBUSINESS AND PROPERTY COURTS OF...
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12th Aug
Precedents
Board minutes—court procedure—reduction of capital—directions hearingCompany number: [insert number][insert company name] [plc OR Limited]Minutes of a...
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12th Aug
Precedents
Board minutes—court procedure—reduction of capital—shareholder approvalCompany number: [insert number] [insert company name] [plc OR Limited]Minutes...
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12th Aug
Precedents
Witness statement—court procedure—reduction of capital—printerFiled on behalf of the ClaimantWitness statement of [insert initial and surname of...
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12th Aug
Precedents
Witness statement—court procedure—reduction of capital—share registrarFiled on behalf of the ClaimantWitness statement of [insert initial and surname...
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12th Aug

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