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(p. 283) 10. Maintenance of Capital 

(p. 283) 10. Maintenance of Capital
Chapter:
(p. 283) 10. Maintenance of Capital
Author(s):

Paschalis Paschalidis

DOI:
10.1093/he/9780199564293.003.0010
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date: 04 December 2020

Titles in the Casebook on series provide readers with a comprehensive selection of case law extracts for their studies. Extracts have been chosen from a wide range of historical and contemporary cases to illustrate the reasoning processes of the courts and to show how legal principles are developed. This chapter discusses the rules on companies maintaining their share capital. It considers general rule; prohibitions on discounts; dividends; the consequences of unlawful distribution of capital; various prohibitions and exceptions; and the procedure for reducing a company's share capital.

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