Companies Act 2006, Section 903 is up to date with all changes known to be in force on or before 03 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)The court must not sanction the compromise or arrangement under [F2Part 26 (arrangements and reconstructions: general) or Part 26A (arrangements and reconstructions: companies in financial difficulty)] unless the relevant requirements of this Part have been complied with.
(2)The requirements applicable to a merger are specified in sections 905 to 914.
Certain of those requirements, and certain general requirements of [F3Parts 26 and 26A], are modified or excluded by the provisions of sections 915 to [F4918A].
(3)The requirements applicable to a division are specified in sections 920 to 930.
Certain of those requirements, and certain general requirements of [F5Parts 26 and 26A], are modified or excluded by the provisions of sections 931 to 934.
Textual Amendments
F1Words in s. 903 heading substituted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 9 para. 36(2)(a) (with ss. 2(2), 5(2))
F2Words in s. 903(1) substituted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 9 para. 36(2)(b) (with ss. 2(2), 5(2))
F3Words in s. 903(2) substituted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 9 para. 36(2)(c) (with ss. 2(2), 5(2))
F4Words in s. 903(2) substituted (1.8.2011 with application in accordance with reg. 1(2)) by The Companies (Reporting Requirements in Mergers and Divisions) Regulations 2011 (S.I. 2011/1606), reg. 4
F5Words in s. 903(3) substituted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 9 para. 36(2)(c) (with ss. 2(2), 5(2))
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