Part V Share Capital, its Increase, Maintenance and Reduction
Chapter I General Provisions about Share Capital
120 Reserve liability of limited company.
A limited company may by special resolution determine that any portion of its share capital which has not been already called up shall not be capable of being called up except in the event and for the purposes of the company being wound up; and that portion of its share capital is then not capable of being called up except in that event and for those purposes.