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CHAPTER 24:03
COMPANIES ACT
Acts 47/1951, 46/1953, 20/1959 (Federal), 29/1959 (s. 144 ), 38/1963 (Federal), 22/1964 (s. 54), 38/1964 (s. 25 ),
28/1970, 33/1972, 27/1973 (s. 98), 39/1973 (ss. 17 and 52), 21/1975; 41/1977, 41/1978 (s. 16 ), 17/1979 (s. 11),
15/1981, 20/1981, 29/1981, 31/1983 (s. 13), 11/1991 (s. 15), 23/1991, 6/1993, 15/1993 (s. 63), 23/1994, 12/1997
(s. 16);16/1998 (s. 70); 22/1998 (s. 6 ), 9/1999 (s. ), 22/2001, 14/2002, 17/2004;5/2006; R.G.N.s 198/1959,
403/1959, 153/1963, 386/1964, 217/1970, 141/1971, 298/1974, 1119/1975, 1135/1975; S.I.s 26/1986, 127/1986,
219/1986, 333/1992, 416/1992, 15/1993, 123/1996, 219/1996, 112/2007, 23/2009
ARRANGEMENT OF SECTIONS
PART I
P RELIMINARY
Section
1.
2.
3.
4.
5.
Short title.
Interpretation.
Non -application of Act to certain institutions.
Application of Act to existing companies and savings.
Registrar and offices for registration of companies.
PART II
INCORPORATION OF C OMPANIES AND MATTERS INCIDENTAL THERETO
Prohibition of Partnership Exceeding Twenty M embers
6. Prohibition of association or partnership exceeding twenty persons.
9.
10.
11.
12.
13.
14.
15.
16.
Memorandum of Association
7. Mode of forming company.
8. Memorandum of company.
Capacity and powers of company.
Effect of statement of objects.
No constructive notice of company’s documents.
Presumption of regularity.
Liability not affected by fraud.
Signing of memorandum.
Restriction on alteration of memorandum.
Alteration of conditions in memorandum which could have been contained in articles and alteration of objects
of company.
Articles of Association
Articles prescribing regulations for companies.
Application of Table A and void provisions.
Form and signature of articles.
Alteration of articles.
Registration
21. Registration of memorandum and articles.
22. Effect of registration and use of seal.
23. Conclusiveness of certificate of incorporation.
17.
18.
19.
20.
Provisions with Respect to Names of Companies
24. Prohibition of undesirable name.
25. Change of name.
26. Power to dispense with “Limited” in certain cases.
General Provisions with Respect to Memorandum and Articles
27. Effect of memorandum and articles.
28. Copies of memorandum and articles to be given to members.
29. Copies of memorandum and articles to embody alterations.
30. Definition of member.
31. Membership of holding company.
Membership of Company