‘Unopposed application by Sportech plc (‘the company’) for an order cancelling its share premium account, which I have granted, raised questions as to the correct approach to the protection of creditors where the cancellation would give rise to distributable reserves. ‘
Citations:
[2012] ScotCS CSOH – 58
Links:
Scotland, Company
Updated: 06 October 2022; Ref: scu.452644
