INDEX

A

Reconstruction—continued
creditors, how protected, 216
dissentients, 214. And see Dissentients
distribution of shares in new company, 21
effect of, 211
enlarged powers of old company, 213
injunction to restrain scheme, 216
old company wound up, 212
procedure under, 212
special resolutions, 212
purposes for which method used, 210
registrar, delivery to, 217
registration of new company, 212
rights of shareholders, how protected, --
shareholder doing nothing, 215
may lose his rights, 215
variation of shreholder’s rights, 213
warrants to bearer, difficulty if shares represented vo:
reduction of capital, involving, 210
registration with registrar, 217
sale by liquidator to new company, z::
consideration, 211
partly-paid shares, may be for, =
dissentients, 214
individual, sale to an, invalid, 211
partly-paid shares, for, 212
procedure on, 212
property,” meaning of, 211
sanction, when required, 211
committee of inspection, of, 211
Court, of, 211
shareholder's rights, how protected, 211
special resolution necessary, 211
three-fourths majority necessary, 21r
scheme of arrangement with creditors under s. 2 51 of Ac. of
209
how carried out, 210
whether desirable under the section, 210
shareholders’ position, how may be affected, 214
articles of association, fixing rights, 213
dissent by, 211, 214
distribution of shares among, 212
rights of, if fixed by memorandum, as to alteration, 213,
214
shares, price of, on dissent by shareholder, 21 5
special resolutions to sanction sale, 211, 212
Stock Exchange requirements as to, 420
transferee company, need not be company within meaning of Act.
211
anderwriting on, 217
preliminary agreement, 213
procedure on, 218
tenders for unsold shares, 219
unsold shares, shareholders may apply for, z1o
when resorted to, 217
unsecured creditors, on a, 217
warrants to bearer, where shares represented by, 217
winding-up of comvany, compulsory. effect of 216

1929,