# Companies Act 1985, Section 726: Costs and expenses in actions by certain limited companies.

Extent: E+W+S

(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) Where in Scotland a limited company is pursuer in an action or other legal proceeding, the court having jurisdiction in the matter may, if it appears by credible testimony that there is reason to believe that the company will be unable to pay the defender’s expenses if successful in his defence, order the company to find caution and sist the proceedings until caution is found.

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Source: https://www.legislation.gov.uk/ukpga/1985/6/section/726 (the official version)
Page: https://openlegislation.uk/companies-act-1985/section-726
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.