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Legal Update

Corporate Legal Alert

Reducing capital by solvency statement – hints and tips for directors
May 2012
Mayer Brown Legal Update

The ICAEW has recently issued a helpsheet on the reduction of share capital under the Companies Act 2006 ("CA06"). This forms the background to this alert in which we set out some useful guidance for directors when considering a reduction of share capital under the solvency statement procedure introduced by the CA06.

Authors

  • Richard Smith
    T +44 20 3130 3849
  • Annabel Evans
    Professional Support Lawyer
    T +44 20 3130 3858

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