Re-registration under CAMA 2020: sections 55 to 77
Chapter 2 lets a company change its status by re-registration, for example from private to public or from limited to unlimited. Each route has its own resolution, tests and filings.
Chapter 2 of Part B has 23 sections. Every section is listed below with its title.
Guides in this chapter
Key rules in this chapter
- Five routes are allowed: private to public, public to private, private limited to unlimited, unlimited to limited, and public limited to unlimited (section 55).
- A private company becoming public must pass share capital and net assets tests (sections 57 and 58).
- Objectors to a public company becoming private have 28 days to apply to the court (section 64).
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Source: the Companies and Allied Matters Act 2020 as published in the Official Gazette.