Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Scheme of Arrangement definition

What does Scheme of Arrangement mean? A court‑supervised compromise or arrangement used to restructure a company’s debt, share capital or ownership by binding creditors or members (grouped into classes) to an agreed proposal. In the UK it is a statutory procedure under Part 26 of the Companies Act 2006; in Ireland it is provided for in Part 9, Chapter 1 of the Companies Act 2014. Common uses include debt restructurings, solvent reorganisations and public takeovers. Process: the court orders meetings of each class, reviews class composition, and, if the requisite majorities approve, considers whether to sanction the scheme. At each meeting the threshold is a...

Witness Statement (Convening Hearing): Application to Convene Creditors’ Meetings and Directions for a Part 26 Companies Act 2006 Scheme of Arrangement (England and Wales)

Published by a LexisNexis Restructuring & Insolvency expert

Precedents

For: Applicant

Prepared by: [ insert name ]

Number: 1

Exhibit(s): [ insert details ]

Dated: [ insert date ]

Lodged: [ insert date ]

Court Ref. No: [ INSERT COURT REF. NUMBER ]

[ IN THE HIGH COURT OF JUSTICE BUSINESS AND PROPERTY COURTS [ OF ENGLAND AND WALES ] [ IN [ INSERT LOCATION ] ] [ Insolvency AND COMPANIES LIST (ChD) ] ]

[ IN THE COUNTY COURT AT [ INSERT LOCATION ] ] [ BUSINESS AND PROPERTY COURTS LIST ]

[ IN THE HIGH COURT OF JUSTICE [ CHANCERY DIVISION ] ]

In the matter of [ Insert Company name ]

And in the matter of the Companies Act 2006

Statement of [ Insert full name ]

I, [ Insert full name ], being the [ insert role/job title ] of [ insert company name ] of [ insert address ], say as follows:

1 Introduction

I serve as the [ insert role or job title ] of [ insert company name ] (the Company), my appointment taking effect on [ insert date ]. I am the officer of the Company most directly involved with, and familiar with, the proposal that forms the subject of this witness statement...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

DOWNLOAD THIS DOCUMENT

Web page updated on 22/05/2026

Popular documents

Using the Judicial College Guidelines to assess general damages in personal injury claims

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Tomlin orders in England and Wales: CPR guidance on drafting, confidentiality, approval, variation, enforcement, limitation, CCA issues, court-specific requirements, sample wording and precedents

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Precedent: Deed of Surrender of Lease with Optional Premium, Settlement and Release, Landlord, Mortgagee and Guarantor Consents, Reimbursement and HM Land Registry Provisions (England and Wales)

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Precedent Statutory Declaration: Standard Wording under the Statutory Declarations Act 1835

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...