[914 No allotment of shares to transferor company or transferee company (merger)]
[914 No allotment of shares to transferor company or transferee company (merger)]
Companies Act 2006 | Legislation

[The scheme must not provide for any shares in the transferee company to be allotted to—

(a)     a transferor company (or its nominee) in respect of shares in the transferor company held by the transferor company itself (or its nominee); or

(b)     the transferee company (or its nominee) in respect of shares in a transferor company held by the transferee company (or its nominee).]