922 Approval of members of companies involved in the division
922 Approval of members of companies involved in the division
Companies Act 2006 | Legislation

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

(2)     This requirement is subject to sections 931 and 932 (circumstances in which meeting of members not required).