# Companies (Consolidation) Act 1908, Section 50: Order confirming reduction.


The court, if satisfied, with respect to every creditor of the company who under this Act is entitled to object to the reduction, that either his consent to the reduction has been obtained or his debt or claim has been discharged or has determined, or has been secured, may make an order confirming the reduction on such terms and conditions as it thinks fit.

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Source: https://www.legislation.gov.uk/ukpga/Edw7/8/69/section/50 (the official version)
Page: https://openlegislation.uk/companies-consolidation-act-1908/section-50
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.