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Which of the following statements concerning public companies reducing their share capital is correct?

A public company can reduce its share capital to below £50,000 and remain a public company without restriction

A public company that wishes to reduce its share capital to below £50,000 must re-register as a private company

A public company that wishes to reduce its share capital to below £50,000 must obtain permission from the stock market

A public company that wishes to reduce its share capital to below £50,000 must pass a written resolution of the members

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Chapter17Capitalmaintenanceanddividendlaw

Public companies must have a minimum share capital of £50,000. If any reduction takes the value to below £50,000 then the company must re-register as a private company.

多做几道

Which of the following is a remedy available under the civil law?

A fine

Imprisonment

Damages

All criminal law cases begin in which of the following courts?

The County Court

The Magistrate's Court

The Crown Court

The Queen's Bench, Family and Chancery are all division of which court?

Crown Court

Supreme Court

High Court

Which of the following statements concerning cases brought before a Magistrate's Courts is correct?

The case is decided by the Magistrate rather than a jury

Only criminal cases are heard at a Magistrate's Court

Appeals are made directly to the Court of Appeal

Which of the following offences would only be heard at a Magistrate's Court?

An indictable offence

A summary offence

A 'triable either way' offence