The Court of Appeal held that it has power under s 66 of the Arbitration Act 1996 to give leave for judgment to be entered in the terms of an arbitral award even where the award is in the form of a negative declaration. Section 66 is not confined to enforcement by one of the normal forms of execution of a judgment but can include other means such as issue estoppel. It is intended to be a simple procedure for ensuring compliance with an award and to avoid the need to bring an action on an award.
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A limited company that proposes to issue redeemable shares must comply with the provisions of the Companies Act 2006 (CA 2006).Why do companies issue redeemable shares?A company may wish to issue redeemable shares so that it has an alternative way to return surplus capital to shareholders without
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