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Commentary

55 Changes to the company’s constitution

BUSINESSES vol 4(2) start-up, sale and purchase
| Commentary

55 Changes to the company’s constitution

| Commentary

55 Changes to the company’s constitution

The law stationers or company formation agents supplying the shelf company may well undertake to make certain changes to the company at the time of purchase, either as included in the quoted price or for a small fee1. Under the Companies Act 1985, these alterations tended to be limited to changing the name, the authorised capital or the objects of the shelf company. Under the Companies Act 2006, it is longer necessary to change the authorised share capital as this concept is abolished under the new regime. In addition, the 2006 Act provides that

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