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Companies Act 2006

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Changes over time for: Section 996

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Point in time view as at 03/10/2022.

Changes to legislation:

Companies Act 2006, Section 996 is up to date with all changes known to be in force on or before 06 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. Help about Changes to Legislation

996Powers of the court under this PartU.K.

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(1)If the court is satisfied that a petition under this Part is well founded, it may make such order as it thinks fit for giving relief in respect of the matters complained of.

(2)Without prejudice to the generality of subsection (1), the court's order may—

(a)regulate the conduct of the company's affairs in the future;

(b)require the company—

(i)to refrain from doing or continuing an act complained of, or

(ii)to do an act that the petitioner has complained it has omitted to do;

(c)authorise civil proceedings to be brought in the name and on behalf of the company by such person or persons and on such terms as the court may direct;

(d)require the company not to make any, or any specified, alterations in its articles without the leave of the court;

(e)provide for the purchase of the shares of any members of the company by other members or by the company itself and, in the case of a purchase by the company itself, the reduction of the company's capital accordingly.

Modifications etc. (not altering text)

Commencement Information

I1S. 996 wholly in force at 1.10.2007; s. 996 not in force at Royal Assent see s. 1300; s. 996 in force at 1.10.2007 by S.I. 2007/2194, art. 2(1)(j) (with saving in art. 12 and subject to transitional adaptations specified in Sch. 1 and with transitional provisions and savings in Sch. 3)

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