Section 90(2)

The conditions are— that the company has a share capital; that the requirements of section 91 are met as regards its share capital; that the requirements of section 92 are met as regards its net assets; if section 93 applies (recent allotment of shares for non-cash consideration), that the requirements of that section are met; and that the company has not previously been re-registered as unlimited.

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Source: legislation.gov.uk · retrieved 2026-09-04