Section 85 of The Companies Act No. 17 of 2015: Conversion of unlimited company into a private limited company

(1) The Registrar may not register the conversion of an unlimited company as a private limited company unless the application for registration— (a) contains a statement of the company's new name on...

(1) The Registrar shall register the conversion an unlimited company into a private limited company if satisfied that the application for registration complies with the requirements of this...

(1) If, in the case of a company whose conversion has been registered under section 87, the company has already allotted share capital, it shall, within fourteen days after the registration, lodge...

(1) A public company limited by shares may convert itself into an unlimited private company with a share capital if— (a) all the members of the company have assented to its being so converted; (b)...

The Registrar shall not register the conversion of a public limited company into an unlimited private company unless the application for registration— (a) contains a statement of the company's new...

(1) The Registrar shall register the conversion of a public company into an unlimited private company if satisfied that the application for registration complies with the requirements of this...

(1) The subscribers to the memorandum and articles become members of the company on the registration of the company. (2) As soon as practicable after the registration of the company, it shall...

(1) Every company shall keep a register of its members which shall include information relating to beneficial owners of the company, if any. (2) A company shall enter in its register of...

(1) Every company shall keep a register of its beneficial owners. (2) A company shall enter in its register of beneficial owners, information relating to its beneficial owners as prescribed in the...

(1) Except in so far as the regulations otherwise provide, a company shall ensure that its register of members is— (a) kept at its registered office; (aa) if the register is prepared at another...

(1) A company that has more than fifty members shall keep an index of the names of the members of the company, unless the register of members is in such a form as to constitute in itself an...

(1) A public company shall keep its register of members and its index of members (if any) open for inspection by— (a) a member of the company without charge; and (b) any other person on payment of...

(1) Within five working days after receiving a request under section 96, a company shall either— (a) comply with the request or decline it by giving sufficient reasons in writing; or (b) apply to...

(1) If a company— (a) refuses to allow an inspection required under section 96; or (b) fails to provide a copy required under that section, otherwise than in accordance with an order of the Court,...

(1) A person who makes a request under section 96 that contains a statement that the person knows, or has reason to suspect, is false or misleading in a material respect commits an offence. (2) A...

(1) When a person inspects a company's register of members, or a company provides the person with a copy of the register or any part of it, the company shall inform the person of the most recent...

(1) A company may expunge from its register of members an entry relating to a person who was formerly a member of the company after the expiry of ten years after the date on which the person ceased...

(1) If a limited company is formed under this Act with only one member, the Registrar shall enter in the register of members of the company, the name and address of that member and a statement that...

(1) If— (a) the name of any person is, without sufficient cause, entered in or omitted from the register of members of a company; or (b) the cessation of membership of a person who has ceased to be...

(1) A company shall not accept, and shall not enter in its register of members, notice of any trust, expressed, implied or constructive. (2) If a company contravenes subsection (1), the company, and...

Until the contrary is proved, the register of members of a company is evidence of the matters required or authorised to be included in it.

(1) Liability incurred by a company— (a) from making or deleting an entry in the register of members; or (b) from failing to make or delete any such entry, is not enforceable more than ten years...

(1) In relation to a company other than a company limited by shares, a reference in this Division to shares is a reference to the interest of its members as such, whatever the form of that...

(1) Except as provided in sections 109 and 110— (a) a body corporate may not be a member of a company that is its holding company; and (b) any allotment or transfer of shares in a company to its...

(1) The prohibition in section 108(1)(a) does not apply if the subsidiary is acting only in the capacity of— (a) executor or administrator; or (b) trustee unless the subsidiary's holding company or...

(1) If shares in a company are held in trust for the purposes of a pension scheme or an employees' share scheme, any residual interest that has not yet vested in possession. is to be disregarded for...

(1) For purposes of section 110, if shares in a company are held in trust for the purposes of a pension scheme or an employees' share scheme, of any charge security right or lien on, or set-off...

(1) The prohibition in section 108 does not apply if the shares are held by the subsidiary in the ordinary course of its business as an intermediary. (2) For the purposes of subsection (1), a...

If— (a) a subsidiary that is a dealer in securities has purportedly acquired shares in its holding company in contravention of the prohibition in section 108; and (b) a person acting in good faith...

(1) This section applies to a provision in the articles of a company that enables a member to nominate another person or persons to enjoy or exercise all or any specified rights of the member in...

(1) A member of a company whose shares are admitted to trading on a regulated market and who holds shares on behalf of another person may nominate a person to enjoy information rights. (2) The...

(1) If the person to be nominated under section 115 wishes to receive copies of documents or other information in hard copy form, that person shall, before the nomination is made— (a) request the...

(1) When a company sends a copy of a notice of a meeting to a person nominated under section 115, it shall also send to that person a statement that— (a) the nominated person may have a right under...

(1) This section has effect as regards the rights conferred by a nomination under section 115. (2) Enjoyment by the nominated person of the rights conferred by the nomination is enforceable against...

(1) The nomination of a person under section 115 may be terminated at the request of the member or of the nominated person. (2) The nomination ceases to have effect on the occurrence in relation to...

(1) If a member holds shares in a company on behalf of more than one person— (a) rights attached to the shares; and (b) rights under any written law exercisable because of holding the shares, need...

(1) This section applies to sections 289, 312 and 766. (2) A company is required to act under a section to which this section applies if it receives a request that complies with the following...

(1) For the purposes of this Part, a person is connected with a director of a company if the person is— (a) a member of the director's family as defined in section 123; (b) a body corporate with...

For the purposes of this Part, a person is member of a director's family if the person is— (a) the director's spouse; (b) a child or step-child of the director; (c) a child or step-child of the...

(1) In this Part, a director is connected with a body corporate if, but only if, the director and the persons connected with the director together— (a) are interested in shares comprised in the...

(1) For the purposes of this Part, a director of a company is taken to control a body corporate if, but only if— (a) the director or any person connected with the director— (i) has an interest in...

For the purposes of this Part— (a) bodies corporate are associated if one is a subsidiary of the other or both are subsidiaries of the same body corporate; and (b) companies are associated if one is...

A reference in this Part to a company’s constitution includes— (a) any resolution or other decision made in accordance with the constitution; and (b) any decision by the members of the company, or a...

(1) A private company is required to have at least one director. (2) A public company is required to have at least two directors.

(1) A company is required to have at least one director who is a natural person. (2) Subsection (1) is complied with if the office of director is held by a natural person as a corporation sole or...

(1) On forming the opinion that a company is in breach of section 128 or 129,the Registrar may give the company a direction in accordance with subsection (2). (2) A direction is in accordance with...

(1) A person who has not reached eighteen years of age may not be appointedto be a director of a company. (2) An appointment made in contravention of subsection (1) is void.

(1) A public company shall ensure that at a general meeting of the company amotion for the appointment of two or more persons as directors of the company by a single resolution is moved only if a...

(1) The acts of a director are valid even if it is later discovered that— (a) the appointment of the director was defective; or (b) the director— (i) was disqualified from holding office; (ii) had...

(1) Every company shall keep a register of its directors. (2) A company shall ensure that its register of directors complies with sections135 and 136. (3) A company shall keep its register of...