B Ltd is a wholly owned subsidiary of C Ltd. B Ltd is proposing to provide a loan of £10,000 to D Ltd to enable D Ltd to buy shares in C Ltd.Which of the following best summarises the advice that should be given to the board of B Ltd as regards the loan?
A、The loan will constitute unlawful financial assistance unless it is first approved by an ordinary resolution of B Ltd.
B、The loan will constitute unlawful financial assistance because it is being provided by a subsidiary for the purchase of shares in its parent.
C、The loan will not constitute unlawful financial assistance.
D、The loan will not constitute unlawful financial assistance but it would be prudent to seek shareholder approval by ordinary resolution. E)The loan will constitute unlawful financial assistance, unless it is approved by ordinary resolutions of both B Ltd and C Ltd.
发布时间:2025-07-19 14:20:22