Section 901J(2)

The court may, either by the order sanctioning the compromise or arrangement or by a subsequent order, make provision for all or any of the following matters— the transfer to the transferee company of the whole or any part of the undertaking and of the property or liabilities of any transferor company; the allotting or appropriation by the transferee company of any shares, debentures, policies or other like interests in that company which under the compromise or arrangement are to be allotted or appropriated by that company to or for any person; the continuation by or against the transferee company of any legal proceedings pending by or against any transferor company; the dissolution, without winding up, of any transferor company; the provision to be made for any persons who, within such time and in such manner as the court directs, dissent from the compromise or arrangement; such incidental, consequential and supplemental matters as are necessary to secure that the reconstruction or amalgamation is fully and effectively carried out.

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