Arrangements and Reconstructions

26.1 Part 26 of the CA 2006 is concerned with arrangements and reconstructions. The provisions of this Part enable companies to apply to the court for an order sanctioning an arrangement or reconstruction agreed with a majority of members or creditors. They restate ss 425–427 of the CA 1985. ⁷⁰⁴⁷ In addition to drafting changes resulting from the re-arrangement of the provisions, there are two major changes considered under ss 899(2) and 901 of the CA 2006.