215J. Solvency statement in relation to amalgamated company and offence for making false statement

Question 1

215J. Solvency statement in relation to amalgamated company and offence for making false statement

Answer 1

General overview
[215J.01] A solvency statement by the directors in respect of the amalgamated company is forward-looking and thus, is a tricky exercise for the directors: see the Report of the Steering Committee for Review of the Companies Act, April 2011, Chapter 3, paras 214–218.