Under the Companies (Reduction of Share Capital) Order 2008, which took effect from 1 October 2008, private limited companies can reduce their share capital by the new solvency statement route. This does not require court involvement.
If a company chooses the new route, it must pass a special resolution. This is a pack of documents to enable your company to reduce share capital the new way – that is, without a court order.
All Net Lawman company documents have been amended to comply with the Companies Act 2006. |
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Reduce share capital with ease;
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Ensures compliance with the law;
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Includes all the documents and forms in plain English;
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Complete with explanatory guidance notes. |
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