The Business Law Reports
[2022] Bus LR 409
Chancery Division
In re
Waterside Nursery Ltd
[2022] EWHC 327 (Ch)
2022 Feb 14; 16
Falk J
Company— Shares— Share warrants to bearer— Arrangements for conversion and cancellation of warrants— Bearer having right to surrender warrants within limited period after which company required to apply to court for cancellation of warrants and shares— Court required either to make order if satisfied bearer notified of right of surrender or make suspended order if not so satisfied— Company making application outside prescribed time limit without having complied with obligation to notify bearer of right of surrender— Whether court having jurisdiction to make order—
Small Business, Enterprise and Employment Act 2015 (c 26), Sch 4, paras 5(2), 6(1)(2)