Companies Act, 1973 (Act No. 61 of 1973)

Chapter III: Types and forms of Companies

Purchase

1)	With the sanction of a special resolution and upon compliance with the requirements of sections 20 and 26 and with the other requirements of this Act in respect of private companies, a public company having a share capital may convert itself into a private company having a share capital.

2)	With the sanction of a special resolution and upon compliance with the other requirements of this Act in respect of public companies, a private company having a share capital may convert itself into a public company having a share capital.