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    Default LDT company, dividends etc

    Guys,

    What's all this about and should I be worried if me and the missus have a share each? (Given I've not contracted for a year, and now living overseas and thinking of paying off the remaining money in my ltd in one dividend after this tex year finishes):

    Note 6: Prescribed particulars (of rights attached to shares)
    (a) particulars of any voting rights, including rights that arise only in certain circumstances;
    (b) particulars of any rights, as respects dividends, to participate in a distribution;
    (c) particulars of any rights, as respects capital, to participate in a distribution (including on winding up); and
    (d) whether the shares are to be redeemed or are liable to be redeemed at the option of the company or the shareholder and any terms or conditions relating to redemption of these shares.


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    balls
    Last edited by xoggoth; 17th March 2010 at 14:10.
    bloggoth

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    Default

    Not clear what you are asking. Is this about that new annual return question?

    If so this has now been accepted 3 times for me:-

    Shares issued rank equally in terms of voting rights, rights to participate in all approved dividend distributions for that class of share and rights to participate in any capital distribution on winding up.
    bloggoth

    If everything isn't black and white, I say, 'Why the hell not?'
    John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)

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