For example, if you are trying to separate investment activities from trading activity, you may prefer to postpone investments rather than having to accept the awarding of contracts and the transfer of personnel. These are some of the practical questions that we can help you with and that will feed into split planning. Shareholders and creditors Similar to merger proceedings under the Companies Act, a shareholder has the right to object to a division within 21 days of approval of the instrument of division. There are many ways to achieve a separation, and the most appropriate method depends on a number of factors – especially who should ultimately own what and what shareholders intend to do. .