A company remained liable in damages for a breach of a covenant to redeem its own shares despite the obligations under the section making the failure to redeem the shares itself not actionable. Citations: Independent 25-Aug-1995, Times 10-Aug-1995, Gazette 13-Sep-1995 Statutes: Companies Act 1985 178(3) Jurisdiction: England and Wales Company Updated: 20 December 2022; Ref: … Continue reading Barclays Bank Plc and Others v British and Commonwealth Holdings Plc: CA 10 Aug 1995