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The meaning of ‘financial assistance’

The Law of Companies

Author:
Thomas B Courtney
Publisher:
Bloomsbury Professional
Edition:
Fourth edition
Law Stated At:
30 September 2016
Chapter 10: The Maintenance of Company Capital [B]: Financial Assistance for the Acquisition of Own Shares or Those of Holding Company (a) The express forms of ‘financial assistance’ (b) The meaning of ‘acquisition’ (c) The principal purpose must be for an acquisition of shares (d) Warranties and covenants that constitute financial assistance (e) Actual versus potential financial assistance ...

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