907 Approval of members of merging companies
907 Approval of members of merging companies
Companies Act 2006 | Legislation

(1)     The scheme must be approved by a majority in number, representing 75% in value, of each class of members of each of the merging companies, present and voting either in person or by proxy at a meeting.

(2)     This requirement is subject to sections 916, 917 and 918 (circumstances in which meetings of members not required).