Section 235Part 16 — Merger, Consolidation and Conversion
Termination or amendment
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A plan of merger or consolidation may cont ain a provision that at any time prior to the date that the plan becomes effective it may be —
terminated by the directors of any constituent company; or
amended by the directors of the constituent companies to —
change the name of the consolidated company;
change the effective date of the merger or consolidation, provided that the new effective date complies with section 234 ; and
effect any other changes to the plan as the plan may expressly authorise the directors to effect in their discretion.
If the plan of merger or consolidation is terminated or amended after it has been filed with the Registrar but before it has become effective, notice of termination or amendment of the plan shall be filed with the Registrar, and shall have effect on the date of registration by the Registrar after that person has satisfied that person’s self i n accordance with section 233(11).
A copy of the notice under subsection (2) shall be sent to any person entitled to vote on, consent to or be notified of the plan of merger or consolidation in accordance with section 233 .
The notice of termination or amendment filed in accordance with subsection (2) shall identify the plan of merger or consolidation that is to be terminated or amended and shall state that the plan has been terminated or state the amendments made and in the former case, the Registrar shall issue a certificate of termination.