Companies Act · s 145

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s 145Special resolution of limited company making liability of directors unlimited

(1)

A limited company, if so authorised by its articles, may by special resolution, alter its memorandum so as to render unlimited the liability of its directors, managers or of any managing director.

Companies

CAP. 39 167

(2)

Upon the passing of any such special resolution, the provisions thereof shall be as valid as if they had been originally contained in the memorandum.