Conversion of a company limited by guarantee into a company limited by shares

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Full Text of the Document

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.... 2013 may convert itself into a company limited by shares. (1) The company seeking conversion shall have a share capital equivalent to the guarantee amount. (2) A special resolution is passed by its members authorising such a conversion omitting the guarantee clause in its Memorandum of Association and altering the Articles of Association to provide for the articles as are applicable for a com....