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Legislation
Companies Act 2006

Chapter 11 Miscellaneous and supplementary provisions

  • Section 654 Treatment of reserve arising from reduction of capital
  • Section 655 Shares no bar to damages against company
  • Section 656 Public companies: duty of directors to call meeting on serious loss of capital
  • Section 657 General power to make further provision by regulations
  1. Chapter 11 · Miscellaneous and supplementary provisions
  2. Shares no bar to damages against company

Section 655 | Shares no bar to damages against company

From legislation.gov.uk

A person is not debarred from obtaining damages or other compensation from a company by reason only of his holding or having held shares in the company or any right to apply or subscribe for shares or to be included in the company's register of members ... in respect of shares.F1

Notes

  1. F1

    Words in s. 655 omitted (26.10.2023 for specified purposes, 26.1.2026 in so far as not already in force) by virtue of Economic Crime and Corporate Transparency Act 2023 (c. 56), s. 219(1)(2)(b), Sch. 1 para. 13; S.I. 2026/57, reg. 2

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