261 Application for permission to continue derivative claim
Companies Act 2006 | Legislation

261  Application for permission to continue derivative claim

(1)     A member of a company who brings a derivative claim under this Chapter must apply to the court for permission (in Northern Ireland, leave) to continue it.

(2)     If it appears to the court that the application and the evidence filed by the applicant in support of it do not disclose a prima facie case for giving permission (or leave), the court—

(a)     must dismiss the application, and

(b)     may make any consequential order it considers appropriate.

(3)     If the application is not dismissed under subsection (2), the court—

(a)     may give directions

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