Part 7

Re-registration as a means of altering a company's status

Unlimited private company becoming limited

Re-registration of unlimited company as limited
105
1
An unlimited company may be re-registered as a private limited company if—
a
a special resolution that it should be so re-registered is passed,
b
the condition specified below is met, and
c
an application for re-registration is delivered to the registrar in accordance with section 106, together with—
i
the other documents required by that section, and
ii
a statement of compliance.
2
The condition is that the company has not previously been re-registered as unlimited.
3
The special resolution must state whether the company is to be limited by shares or by guarantee.
4
The company must make such changes—
a
in its name, and
b
in its articles,
as are necessary in connection with its becoming a company limited by shares or, as the case may be, by guarantee.
Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))