# Companies Act 2006, Section 912: Approval of articles of new transferee company (merger)

Extent: E+W+S+N.I.

(1) In the case of a merger by formation of a new company, the articles of the transferee company, or a draft of them, must be approved by ordinary resolution of . . . each of the transferor companies. This is subject to subsection (2).
(2) In the case of a compromise or arrangement to be sanctioned under Part 26A, it is not necessary for the articles of the transferee company (or a draft of them) to be approved by ordinary resolution of the company in respect of which the compromise or arrangement is proposed.

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Source: https://www.legislation.gov.uk/ukpga/2006/46/section/912 (the official version)
Page: https://openlegislation.uk/companies-act-2006/section-912
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.