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of <h1>Company Conversion Process: Alter Memorandum & Articles, Registrar Issues New Certificate, Debts Unaffected by Change.</h1> A company registered under the Act may convert to another class by altering its memorandum and articles according to the Chapter's provisions. Upon application, the Registrar will verify compliance, close the former registration, and issue a new certificate of incorporation. This conversion does not affect any pre-existing debts, liabilities, obligations, or contracts, which remain enforceable as if the conversion had not occurred.
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