Alteration of articles by special resolution requires compliance with Act and memorandum; conversion to private company needs governmental approval. Companies may alter their articles by special resolution subject to the Act and memorandum; alterations converting a public company into a private company require governmental approval and, if approved, a printed copy of the altered articles must be filed with the Registrar within one month. Alterations under the section are as valid as original provisions and the power extends to amending Table B and, for certain unlimited companies formed under earlier Acts, to altering capital-related regulations even when contained in the memorandum.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Alteration of articles by special resolution requires compliance with Act and memorandum; conversion to private company needs governmental approval.
Companies may alter their articles by special resolution subject to the Act and memorandum; alterations converting a public company into a private company require governmental approval and, if approved, a printed copy of the altered articles must be filed with the Registrar within one month. Alterations under the section are as valid as original provisions and the power extends to amending Table B and, for certain unlimited companies formed under earlier Acts, to altering capital-related regulations even when contained in the memorandum.
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