Versions

 

77. Re-registration Of Private Company As Public

Past version: effective from 29/04/2020 - 28/04/2020
To view other versions open the versions tab on the right

(1) A private company (whether limited or unlimited and whether it is a restricted scope company or not) may be re-registered as a public company limited by shares if–
(a) a special resolution that it should be so re-registered is passed,
(b) the conditions specified below are met, and
(c) an application for re-registration is delivered to the Registrar in accordance with section 78 (application and accompanying documents), together with–
(i) the other documents required by that section, and
(ii) a statement of compliance.
(2) The conditions are–
(a) that the company has a share capital not less than the authorised minimum required for a public company, and
(b) that the company has not previously been re-registered as unlimited.
(3) The company must make such changes–
(a) in its name, and
(b) in its articles,
as are necessary in connection with its becoming a public company.
(4) If the company is unlimited it must also make such changes in its articles as are necessary in connection with its becoming a company limited by shares.