The court considered whether a scheme of re-arrangement of a company was a reconstruction within the meaning of the Stamp duty legislation.
Citations:
[1990] STC 448
Citing:
Cited – Hooper v Western Counties and South Wales Telephone Co Ltd 1892
The court placed a restrictive meaning on the idea of a company reconstruction. The new company is to consist of the old shareholders. . .
Cited by:
Cited – Mytravel Group Plc, Re Companies Act 1985 ChD 24-Nov-2004
The company sought approval of a proposed reconstruction under the section.
Held: Approval could not be given. To count as a reconstruction two principal qualities were required. The business carried on should be the same or similar, and those . .
Lists of cited by and citing cases may be incomplete.
Stamp Duty
Updated: 30 April 2022; Ref: scu.220251
