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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Companies Can Alter Articles with Special Resolution; Tribunal Approval Needed for Public to Private Conversion</h1> A company may alter its articles through a special resolution, subject to the Act and its memorandum. This includes converting a private company to a public company or vice versa. If a private company removes required restrictions, it ceases to be private. Converting a public company to a private one requires Tribunal approval. Alterations and Tribunal orders must be filed with the Registrar within fifteen days, along with the altered articles. Once registered, these alterations are valid as if originally included in the articles, provided they comply with the Act.
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