Commentary Part 17: a Company’s Share Capital Chapter 2: Allotment of Shares: General Provisions Section 556: Return of allotment by unlimited company allotting new class of shares
861.This section requires unlimited companies to make a return of allotments to the registrar where the directors allot a new class of shares. This carries forward the provisions of section 128(1) and (2) of the 1985 Act as they apply to unlimited companies. The return must contain “prescribed particulars of the rights attached to the shares”, that is such information as may be prescribed by the Secretary of State in regulations or by order made under the Act.