C1Part 20Private and public companies

Annotations:
Modifications etc. (not altering text)

Chapter 1Prohibition of public offers by private companies

757Enforcement of prohibition: order restraining proposed contravention

1

If it appears to the court—

a

on an application under this section, or

b

in proceedings under Part 30 (protection of members against unfair prejudice),

that a company is proposing to act in contravention of section 755 (prohibition of public offers by private companies), the court shall make an order under this section.

2

An order under this section is an order restraining the company from contravening that section.

3

An application for an order under this section may be made by—

a

a member or creditor of the company, or

b

the Secretary of State.