C2C1Part 22Information about interests in a company's shares
Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2
Orders imposing restrictions on shares
I1801Order for sale of shares
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.
Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))