81. Re-registration of public company as private limited company
(1) A public company may be re-registered as a private limited company if—
(a) a special resolution that it should be so re-registered is passed, and
(b) an application for re-registration is delivered to the Registrar in accordance with section 84 (application and accompanying documents), together with—
(i) the other documents required by that section, and
(ii) a statement of compliance.
(2) The company must make such changes—
(a) in its name, and
(b) in its articles,
as are necessary in connection with its becoming a private company limited by shares or, as the case may be, by guarantee.