Valid from 06/04/2008
922Approval of members of companies involved in the divisionU.K.
This section has no associated Explanatory Notes
(1)The compromise or arrangement must be approved by a majority in number, representing 75% in value, of each class of members of each of the companies involved in the division, present and voting either in person or by proxy at a meeting.
(2)This requirement is subject to sections 931 and 932 (circumstances in which meeting of members not required).