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).
(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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