Types of transaction - reconstructions , Business Law and Ethics

Types of transaction - reconstructions:

It will be seen that methods (a) and (b) relate to specific types of transaction.  They can only be used in those transactions.  The flexibility of a scheme of arrangement has led to its extended use though there is some doubt whether it is correct to use it in a situation where company law affords some other and more specific procedures.

Where there is a choice of method the choice is usually between a scheme of arrangement and some more specific alternative method.

Posted Date: 1/15/2013 3:15:53 AM | Location : United States

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