617 Alteration of share capital of limited company

Section 617 Alteration of share capital of limited company

Companies Act 2006 (2006 c 46) | Legislation
Companies Act 2006 (2006 c 46) | Legislation

Chapter 8Alteration of Share Capital

How share capital may be altered

617  Alteration of share capital of limited company

(1)     A limited company having a share capital may not alter its share capital except in the following ways.

(2)     The company may—

(a)     increase its share capital by allotting new shares in accordance with this Part, or

(b)     reduce its share capital in accordance with Chapter 10.

(3)     The company may—

(a)     sub-divide or consolidate all or any of its share capital in accordance with section 618, or

(b)     reconvert stock into shares in

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