Alteration of articles by special resolution.

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..... Provided that no alteration made in the articles under this sub-section which has the effect of converting a public company into a private company, shall have effect unless such alteration has been approved [3] by the Central Government. [4] ] (2) Any alteration so made shall, subject to the provisions of this Act, be as valid as if originally contained in the articles and be subject in .....

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..... ion into shares, notwithstanding that those regulations are contained in the memorandum. ----------------------- Notes:- [1] See e-Form 62, Companies (Central Government's) General Rules Forms, 1956. [2] Inserted by the Companies (Amendment) Act, 1960, 65 of 1960, section 11. [3] The application is to be made in e-Form IB vide rule 4B of the Companie .....

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