CIMA BA4 Question Answer
After the Companies Act 2006, which of the following is correct in relation to a reduction of capital by a public company?
(i) If the reduction results in the company no longer having the authorized minimum capital for a public company, it may be necessary to re-register as a private company.
(ii) The Articles of Association may restrict the company's ability to reduce capital.
(iii) The reduction must be approved by the court.
CIMA BA4 Summary
- Vendor: CIMA
- Product: BA4
- Update on: Jan 31, 2026
- Questions: 661
