Alteration of articles permits companies to change constitution by special resolution, including conversion between private and public status. A company may, subject to the Act and its memorandum, alter its articles by special resolution, including conversion between private and public status; removal of private-company restrictions causes cessation of private status. Conversion of a public company into a private company requires Tribunal approval. Every alteration and any Tribunal order must be filed with the Registrar with a printed copy of the altered articles within fifteen days for registration, and once registered the alteration is valid as if originally in the articles.
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 permits companies to change constitution by special resolution, including conversion between private and public status.
A company may, subject to the Act and its memorandum, alter its articles by special resolution, including conversion between private and public status; removal of private-company restrictions causes cessation of private status. Conversion of a public company into a private company requires Tribunal approval. Every alteration and any Tribunal order must be filed with the Registrar with a printed copy of the altered articles within fifteen days for registration, and once registered the alteration is valid as if originally in the articles.
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