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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Unlimited Company Re-Registration: Increase Share Capital or Designate Reserve Capital Under Companies Act 1956</h1> An unlimited company with share capital can, upon re-registering as a limited company under the Companies Act, 1956, either increase the nominal amount of its share capital or designate a portion of its uncalled share capital as reserve capital. This reserve capital can only be called upon if the company is being wound up. These provisions allow the company to manage its capital structure strategically during the transition from an unlimited to a limited company.
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