A limited company may by special resolution determine that any portion of its share capital which has not been already called up shall not be capable of being called up, except in the event and for the purposes of the company being wound up, and thereupon that portion of its share capital shall not be capable of being called up except in the event and for the purposes aforesaid.
Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 1964 - onwards
59. Reserve liability of limited company.
Repealed from 1 April 1964