p. 53310. Distributions and Capital Maintenance
- Sarah WorthingtonSarah WorthingtonDowning Professor of the Laws of England, University of Cambridge
Abstract
This chapter discusses the rules which ensure that a company’s legal capital is maintained in the company’s hands. It covers: controls over a company’s distribution of capital; permitted reductions of capital; redemptions and repurchases of shares; financial assistance by a company for the acquisition of its own shares; and dividend distributions.
