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Latest legal news from Kent Solicitors, Kaslers Solicitors LLP.



Friday, 25 April 2008

Companies Act - financial assistance

Private companies used not to be able to provide financial assistance for the acquisition of their own shares or shares of a private holding company. There was a whitewash procedure to get around this. From 1 October 2008, the old rules do not matter

Rules regarding unlawful reduction of capital remain

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Call Michael Breeze on 07900 195 195 or call 0845 270 2511 to if you need legal advise about any of these issues