What factors would make a reduction fair and reasonable

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1. What is the purpose of the restrictions on share capital reductions and buy backs?

2. Exactly what conduct does S259Aand B prohibit? Are there any exceptions?

3. What consequences flow from a breach of S259 A and B.

4. What is a share capital reduction ?Give as many examples as you can

5. What share capital reductions are authorized by ss258A-258E?

6. Considering SS256 Band 256D ,what requirements apply to share capital reductions that are not otherwise authorised?

7. What factors would make a reduction fair and reasonable?

8. What different types of reductions are there,and what procedures apply?

Reference no: EM13780095

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