C1Part 7Re-registration as a means of altering a company's status

Annotations:
Modifications etc. (not altering text)
C1

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

Unlimited private company becoming limited

105Re-registration of unlimited company as limited

1

An unlimited company may be re-registered as a private limited company if—

a

a special resolution that it should be so re-registered is passed,

b

the condition specified below is met, and

c

an application for re-registration is delivered to the registrar in accordance with section 106, together with—

i

the other documents required by that section, and

ii

a statement of compliance.

2

The condition is that the company has not previously been re-registered as unlimited.

3

The special resolution must state whether the company is to be limited by shares or by guarantee.

4

The company must make such changes—

a

in its name, and

b

in its articles,

as are necessary in connection with its becoming a company limited by shares or, as the case may be, by guarantee.