Section 112(1)

If the court makes an order under section 111(1), it may by that or any subsequent order make such provision (if any) as it thinks fit— for the transfer to the transferee of the whole or any part of the undertaking concerned and of any property or liabilities of the transferor concerned; for the allotment or appropriation by the transferee of any shares, debentures, policies or other similar interests in the transferee which under the scheme are to be allotted or appropriated to or for any other person; for the continuation by (or against) the transferee of any pending legal proceedings by (or against) the transferor concerned; with respect to such incidental, consequential and supplementary matters as are, in its opinion, necessary to secure that the scheme is fully and effectively carried out.

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Source: legislation.gov.uk · retrieved 2026-09-04