Caldwell and Co Ltd v Caldwell: HL 10 Feb 1916

The House of Lords dismissed an appeal from an interlocutor which confirmed a resolution for reduction of the capital of a company proceeding on a statement that capital had been lost, although a reporter to whom the matter had been remitted thought no capital had in fact been lost and no evidence had been taken by the Court, the company having meanwhile again passed a resolution to reduce the capital, and having as required by the Court altered its articles of association to the satisfaction of the reporter with a view to protecting the interests of the dissentient shareholder.

Judges:

Lord Atkinson, Lord Shaw, Lord Parker, and Lord Sumner

Citations:

[1916] UKHL 251, 53 SLR 251

Links:

Bailii

Jurisdiction:

Scotland

Company

Updated: 03 August 2022; Ref: scu.630672