Part 4 — Alteration of Constitution Division 1 Memorandum of Association
59 Public and Private Companies Conversion of public company into private company
a public company may by special resolution alter its memorandum
and articles so as to include the provisions necessary for a private
company, and to exclude any provisions inconsistent therewith, and
on filing the resolution with the Registrar the company is thereupon
converted into a private company, and the Registrar shall issue a
certificate showing the change in the status of the company.
RSA 1980 cC-20 s59