Companies (Amendment) Act, 1983

Application of sections 26 to 36 in special cases.

37.—(1) Subject to subsection (2), sections 26 , 28 to 31 and 34 to 36 shall apply—

(a) to a company which has passed and not revoked a special resolution to be re-registered under section 9 or section 11 ;

(b) to a company whose directors have passed and not revoked a resolution to be re-registered under section 12 ; and

(c) to a joint stock company (within the meaning of section 329 of the Principal Act) which has passed and not revoked a resolution that the company be a public limited company;

as those sections apply to a public limited company.

(2) Section 26 and sections 28 to 31 shall not apply to the allotment of shares by a company, other than a public limited company registered as such on its original incorporation, where the contract for their allotment was entered into—

(a) except in a case falling within paragraph (b), before the end of the general transitional period;

(b) in the case of a company re-registered or registered as a public limited company in pursuance of a resolution of any description mentioned in subsection (1) that is passed before the end of that period, before the date on which that resolution is passed.

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