(1) A public limited company may be re-registered as a private company if -
(a) a special resolution complying with subsection (2) that it should be so re-registered is passed and has not been cancelled by the court under section 15(6);
(b) an application for the purpose in the prescribed form and signed by a director or secretary of the company is delivered to the registrar, together with a printed copy of the memorandum and articles of the company as altered by the resolution; and
(c) the period during which an application for the cancellation of the resolution under section 15(2) may be made has expired without any such application having been made; or
(d) where such an application has been made, the application has been withdrawn or an order has been made under section 15(6) confirming the resolution and a copy of that order has been delivered to the registrar.
(2) The resolution must -
(a) alter the company's memorandum so that it no longer states that the company is to be a