Part 7 Re-Registration as a Means of Altering a Company's Status (ss 89-111)
Part 7 Re-Registration as a Means of Altering a Company's Status (ss 89-111)
Companies Act 2006 | Legislation

89 Alteration of status by re-registration

A company may by re-registration under this Part alter its status—

(a)     from a private company to a public company (see sections 90 to 96);

(b)     from a public company to a private company (see sections 97 to 101);

(c)     from a private limited company to an unlimited company (see sections 102 to 104);

(d)     from an unlimited private company to a limited company (see sections 105 to 108);

(e)     from a public company to an unlimited private company (see sections 109 to 111).


90 Re-registration of private company as public

(1)     A private company (whether limited or unlimited) may be re-registered as a public company limited by shares if—

(a)     a special resolution that it should be so re-registered is passed,

(b)     the conditions specified below are met, and

(c)     an application for re-registration is delivered to the registrar in accordance with section 94, together with—

(i)     the other documents required by that section, and

(ii)     a statement of compliance.

(2)     The conditions are—

(a)     that the company has a share capital;

(b)     that the requirements of section 91 are met as regards its share capital;

(c)     that the requirements of section 92 are met as regards its net assets;

(d)     if section 93 applies (recent allotment of shares for non-cash consideration), that the requirements of that section are met; and

(e)     that the company has not previously been re-registered as unlimited.

(3)     The company must make such changes—

(a)     in its name, and

(b)     in its articles,

as are necessary in connection with its becoming a public company.

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