Companies Act 2014 section 601

Power of liquidator to accept shares as consideration for sale of property of company

Section 601 deals with the power of a liquidator, in a members' voluntary winding up, to accept shares or other interests in a transferee company as full or partial payment when selling or transferring the business or property of the company being wound up.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.