Amendment of the Companies Act 19852
In section 136(3) of the Companies Act 19853 (application to court for order confirming reduction of share capital: creditors entitled to object)—
a
after “who” insert “— (a)”, and
b
after “admissible in proof against the company” insert—
, and
b
can show that there is a real likelihood that the reduction would result in the company being unable to discharge his debt or claim when it fell due,