Section 93(1)

This section applies where— shares are allotted by the company in the period between the date as at which the balance sheet required by section 92 is prepared and the passing of the resolution that the company should re-register as a public company, and the shares are allotted as fully or partly paid up as to their nominal value or any premium on them otherwise than in cash.

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