s 102 Re-registration of private limited company as unlimited
(1) A private limited company may be re-registered as an unlimited company if— (a) all the members of the company have assented to its being so re-registered, (b) the condition specified below is met, and (c) an application for re-registration is delivered to the registrar in accordance with section 103, together with— (i) the other documents required by that section, and (ii) a statement of compliance. (2) The condition is that the company has not previously been re-registered as limited. (3) The company must make such changes in its name and its articles— (a) as are necessary in connection with its becoming an unlimited company; and (b) if it is to have a share capital, as are necessary in connection with its becoming an unlimited company having a share capital. (4) For the purposes of this section— (a) a trustee in bankruptcy of a member of the company is entitled, to the exclusion of the member, to assent to the company's becoming unlimited; and (b) the personal representative of a deceased member of the company may assent on behalf of the deceased. (5) In subsection (4)(a), “ a trustee in bankruptcy of a member of the company ” includes— (a) a trustee or interim trustee in the sequestration under the Bankruptcy (Scotland) Act 2016 of the estate of a member of the company; (b) a trustee under a protected trustee deed (within the meaning of the Bankruptcy (Scotland) Act 2016 ) granted by a member of the company.