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The Companies Act of Republic Of Maldives 
Law No: 10/96  (An Unofficial Translation) 

Private company becoming public 

20.   (a) A private company may be re-registered as a public company if a special resolution that it should be so re-registered is passed, and an application for re-registration is delivered to the registrar of companies and the company is re-registered as a public company in accordance with this Act. 

       (b) The application for re-registration of a private company to a public company delivered to the registrar of companies shall contain the following: 

          (1) the special resolution passed by the private company to become public. 
          (2) the special resolution passed by the company to make such alterations in the memorandum and articles as are necessary to bring them into conformity with the requirement of this Act. 
          (3) the memorandum and articles of association of the company after bringing them into conformity with the memorandum and articles of association of a public company as prescribed in this Act. 
          (4) the prospectus. 

       (c) If an application to re-register a private company to a public company is delivered to the registrar of companies in accordance with subsection (a) and (b) of this section the company shall be re-registered and the certificate of incorporation shall be issued if the requirements specified in this Act for the formation of a public company are fulfilled.

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