.png){kind=icon}
Typically the figure is 10% above the debts existing at the time of the reduction (Practical Law Company, Reduction of Capital (www.practicallawcompany.co.uk ), 6–7). See further the extract from Martin Currie Ltd below which suggests the courts may take a more flexible view on the types of assets to be taken into consideration in deciding whether to dispense with the creditor list and consent procedures.
Printed from , all rights reserved. © Oxford University Press, 2025