Source: http://www.legislation.gov.uk/ukpga/2006/46/part/17/chapter/10/crossheading/private-companies-reduction-of-capital-supported-by-solvency-statement
Timestamp: 2017-12-11 10:10:50
Document Index: 195735916

Matched Legal Cases: ['art. 3', 'art. 5', 'art. 2', 'art. 3', 'art. 5', 'art. 2']

Companies Act 2006, Cross Heading: Private companies: reduction of capital supported by solvency statement is up to date with all changes known to be in force on or before 11 December 2017. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Private companies: reduction of capital supported by solvency statementE+W+S+N.I.
642Reduction of capital supported by solvency statementE+W+S+N.I.
643Solvency statementE+W+S+N.I.
(a)has formed the opinion, as regards the company's situation at the date of the statement, that there is no ground on which the company could then be found to be unable to pay (or otherwise discharge) its debts; and
(2)In forming those opinions, the directors must take into account all of the company's liabilities (including any contingent or prospective liabilities).
I1S. 643 wholly in force at 1.1.2008; s. 643 not in force at Royal Assent, see s. 1300; s. 643 in force for specified purposes at 20.1.2007 by S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5); s. 643 in force at 1.10.2008 in so far as not already in force by S.I. 2008/1886, art. 2 (with arts. 6, 7)
I2S. 644 wholly in force at 1.10.2008; s. 644 not in force at Royal Assent, see s. 1300; s. 644 in force for specified purposes at 20.1.2007 by S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5); s. 644 in force at 1.10.2008 in so far as not already in force by S.I. 2008/1886, art. 2 (with arts. 6, 7)