Companies Act 2006, Section 801 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 may order that the shares subject to restrictions be sold, subject to the court's approval as to the sale.
(2)An application for an order under subsection (1) may only be made by the company.
(3)Where the court has made an order under this section, it may make such further order relating to the sale or transfer of the shares as it thinks fit.
(4)An application for an order under subsection (3) may be made—
(a)by the company,
(b)by the person appointed by or in pursuance of the order to effect the sale, or
(c)by any person interested in the shares.
(5)On making an order under subsection (1) or (3) the court may order that the applicant's costs (in Scotland, expenses) be paid out of the proceeds of sale.
Commencement Information
I1S. 801 wholly in force at 20.1.2007, see s. 1300 and S.I. 2006/3428, art. 3(1)(d) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5)
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