Companies Act 2014


Certain provisions not to apply where court so orders

504. Where the court makes an order confirming a division under this Chapter, the court may, if it sees fit for the purpose of enabling the division properly to have effect, include in the order provision permitting—

(a) the giving of financial assistance which may otherwise be prohibited under section 82,

(b) a reduction in company capital which may otherwise be restricted under section 84.