909 Expert's report (merger)
909 Expert's report (merger)
Companies Act 2006 | Legislation

(1)     An expert's report must be drawn up on behalf of each of the merging companies.

(2)     The report required is a written report on the draft terms to the members of the company.

(3)     The court may on the joint application of all the merging companies approve the appointment of a joint expert to draw up a single report on behalf of all those companies.

If no such appointment is made, there must be a separate expert's report to the members of each merging company drawn up by a separate expert appointed on behalf of that company.

(4)     The expert must be a person who—