[566A Exception to pre-emption right: companies in financial difficulty]
Companies Act 2006 | Legislation

[566A  Exception to pre-emption right: companies in financial difficulty]

[Section 561(1) (existing shareholders' right of pre-emption) does not apply to an allotment of equity securities that is carried out as part of a compromise or arrangement sanctioned in accordance with Part 26A (arrangements and reconstructions: companies in financial difficulty).]

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