Barclays Bank Plc and Others v British and Commonwealth Holdings Plc: CA 10 Aug 1995

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: scu.78188