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In relation to transactions in a public company, whether it is about the redemption of preference shares, reduction of share capital, financial assistance, or share
In relation to transactions in a public company, whether it is about the redemption of preference shares, reduction of share capital, financial assistance, or share buyback, the company is required to satisfy its solvency test. Discuss TWO (2) provisions of the Companies Act 2016 which provide conditions of the solvency test.
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