Companies Act 2014

Disapplication of certain provisions to company having a restricted person

827. (1) Subject to subsection (2), the Summary Approval Procedure shall not apply to a company that has a restricted person.

(2) Subsection (1) does not affect the availability of that procedure so far as it relates to a members' voluntary winding up.

(3) Without prejudice to section 247 , sections 240 and 245 shall not apply to a company that has a restricted person.