Commentary

6 Re-registering a private company as a public company

COMPANIES vol 11 acquisitions, mergers, demergers
| Commentary

6 Re-registering a private company as a public company

| Commentary

6 Re-registering a private company as a public company

A private company, other than a company not having a share capital, may be re-registered as a public company subject to certain conditions, provided that it passes a special resolution that it should be so re-registered and delivers an application for re-registration to the Registrar of Companies, together with the necessary documents1. The main conditions are designed to ensure that the company fulfils the prescribed capital requirements intended to safeguard public investors, and in particular that it would have been in a position to apply for a trading certificate had it

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