In force2021 Revised EditionCurrent version · 2021 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Companies Act · 2021 Revised Edition · Part · Management and Administration Registered Office and Name
Companies Act · 2021 Revised Edition · Part · Management and Administration Registered Office and Name
Official textFrom Attorney General's Chambers, unchanged
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.
limited company
"limited company" means a company limited by shares or by guarantee;
Companies
CAP. 39 167
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.
memorandum
"memorandum" means the memorandum of association of a company, as originally framed or as altered in pursuance of any written law;
articles
"articles" means the articles of association of a company, as originally framed or as altered by special resolution, including, so far as they apply to the company, the regulations contained in Table A in Schedule 1;
director
"director" includes any person occupying the position of director of a corporation by whatever name called and includes a person in accordance with whose directions or instructions the directors of a Companies corporation are accustomed to act and an alternate or substitute director;
limited company
"limited company" means a company limited by shares or by guarantee;
memorandum
"memorandum" means the memorandum of association of a company, as originally framed or as altered in pursuance of any written law;
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