Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Companies Act, 1973 (Act No. 61 of 1973)Chapter III: Types and forms of CompaniesConversion of One Type or Form of Company into Another Type or Form of Company24. Conversion of a company limited by guarantee into a company having a share capital |
With the sanction of a special resolution and upon compliance with the requirements of section 26 and the other requirements of this Act in respect of companies having a share capital, a company limited by guarantee (excluding an association not for gain under section 21, but including an existing company limited by guarantee having a share capital), may convert itself into a company having a share capital.
