Point in time view as at 11/01/2005. This version of this provision has been superseded.
There are currently no known outstanding effects for the Companies Act 1985, Paragraph 7.
[F17The court shall not sanction under section 425(2) a compromise or arrangement under which any shares in a transferee company are to be allotted to a transferor company or its nominee in respect of shares in that transferor company held by it or its nominee.]
Textual Amendments
F1Sch. 15A (old) inserted by S.I. 1987/1991, reg. 2(c), Sch. Pt. II
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