Jersey Law
30/1997
COMPANIES
(AMENDMENT No. 3) (JERSEY) LAW 1997
____________
A LAW to amend further the Companies
(Jersey) Law 1991, sanctioned by Order of the Counsellors of State in Council
of the
26th day of june 1997
____________
(Registered on the
18th day of July 1997)
____________
STATES OF JERSEY
____________
The 18th day of March 1997
____________
THE
STATES, subject to
the sanction of Her Most Excellent Majesty in Council, have adopted the
following Law –
ARTICLE 1
(1) In
paragraph (1) of Article 1 of the Companies (Jersey) Law 1991, as amended (hereinafter referred to as
“the principal Law”), after the definition of
“liabilities” there shall be inserted the following definition
–
“
‘limited life company’ has the meaning assigned to it by Article
5B;”.
(2) After
paragraph (2) of Article 1 of the principal Law there shall be inserted the
following paragraph –
“(2A) In Articles 5B, 144 and 144A,
‘a fixed period of time’ means a period of time that is
ascertainable without reference to any event that is –
(a) contingent; or
(b) otherwise
uncertain.”.
ARTICLE 2
Sub-paragraph (d)
of paragraph (1) of Article 4 of the principal Law shall be deleted.
ARTICLE 3
After Article 5
of the principal Law there shall be inserted the following Articles –
“ARTICLE 5A
Companies of limited duration
Where a company
is to be wound up and dissolved upon –
(a) the expiration of a
period of time; or
(b) the happening of some
other event,
that period or
event shall be specified in the memorandum or the articles of the company.
ARTICLE 5B
Limited life company
(1) A
company whose memorandum includes or whose articles include a provision that
the company shall be wound up and dissolved upon –
(a) the bankruptcy, death,
expulsion, insanity, resignation or retirement of any member of the company; or
(b) the happening of some
other event that is not the expiration of a fixed period of time,
is a limited life
company.
(2) A
limited life company may include in its memorandum or articles a provision for
its winding up and dissolution on the expiration of a fixed period of
time.”.
ARTICLE 4
For Article 11 of
the principal Law there shall be substituted the following Article –
“ARTICLE 11
Alteration of memorandum and articles
(1) Subject
to the provisions of this Law, a company may by special resolution alter its
memorandum or articles.
(2) An
alteration in the memorandum or articles of a company –
(a) may provide that upon
–
(i) the
expiration of a period of time; or
(ii) the
happening of some other event,
the company is to
be wound up and dissolved; or
(b) may amend or delete any
such provision.
(3) Notwithstanding
anything in the memorandum or articles, a member of a company is not bound by
an alteration made in the memorandum or articles after the date on which he
became a member, if and so far as the alteration –
(a) requires him to take or
subscribe for more shares than the number held by him at the date on which the
alteration is made; or
(b) in any way increases
his liability as at that date to contribute to the company’s share
capital or otherwise to pay money to the company,
unless he agrees
in writing, either before or after the alteration is made, to be bound by it.
(4) The
power to alter the memorandum or articles conferred by this Article shall not
be exercisable by an existing company –
(a) so as to shorten a
period of time by which the company’s existence is limited, or to provide
for its winding up and dissolution on the happening of an event other than the
expiration of a period of time; or
(b) so as to alter rights
attached to a class of shares which cannot be altered under the Laws repealed
by Article 223,
unless the
alteration is agreed to by all of the members or approved by the court.”.
ARTICLE 5
For the heading
of Chapter 1 of Part XXI of the principal Law and Article 144 of the principal
Law there shall be substituted the following heading and Articles –
“Chapter 1 – Winding up of companies of limited
duration
ARTICLE 144
Procedure – winding up of limited life companies
(1) Where
a limited life company is to be wound up and dissolved upon –
(a) the expiration of a
fixed period of time; or
(b) the happening of some
other event,
specified in its
memorandum or articles, and the period expires or the other event happens, the
company shall thereupon be deemed to pass a special resolution for its winding
up summarily.
(2) Within
21 days thereafter, a notice of the resolution so deemed to be passed shall be
delivered to the registrar.
(3) If
a statement of solvency is made in accordance with paragraph (2) of Article 146
within 28 days after the event referred to in paragraph (1), and is delivered
to the registrar within 21 days after it is made, the limited life company
shall continue to be wound up summarily in accordance with Chapter 2 of this
Part.
(4) If
a statement of solvency is not delivered to the registrar in accordance with
paragraph (3), the limited life company shall be wound up in a creditors’
winding up in accordance with Chapter 4 of this Part and for that purpose
Article 151 shall apply as though the opinion referred to in that Article had
been recorded at the expiration of 28 days after the happening of the event
referred to in paragraph (1).
ARTICLE 144A
Procedure – winding up of other companies of limited
duration
(1) Where
a company (other than a limited life company) is to be wound up and dissolved
upon the expiration of a fixed period of time specified in its memorandum or
articles, and the period expires, the company shall deliver to the registrar
within 21 days after that period has expired a notice stating –
(a) that the period has
expired; and
(b) the date of expiration.
(2) If
a company fails to comply with paragraph (1), any director, member or creditor
of the company may, at any time after the expiration of the period of 21 days
referred to in paragraph (1), deliver such a notice to the registrar.
(3) Where
a notice is delivered to the registrar in accordance with paragraph (2), the
director, member or creditor shall at the same time deliver a copy of the
notice to the company.
(4) If
a statement of solvency in accordance with paragraph (2) of Article 146 –
(a) has been made within 28
days before and is delivered to the registrar with a notice delivered in
accordance with paragraph (1); or
(b) has been made and is
delivered to the registrar within 28 days after a notice is delivered in
accordance with paragraph (2),
the company shall
be wound up summarily in accordance with Chapter 2 of this Part.
(5) If,
notice having been delivered in accordance with paragraph (1) or paragraph (2),
a statement of solvency is not made and delivered to the registrar as provided
in paragraph (4), the company shall be wound up in a creditors’ winding
up in accordance with Chapter 4 of this Part and for that purpose the company
shall be deemed to pass a resolution for a creditors’ winding up –
(a) where notice is
delivered in accordance with paragraph (1), upon delivery of the notice to the
registrar; and
(b) where notice is
delivered in accordance with paragraph (2), upon the expiration of 28 days
after the copy of the notice is delivered to the company.”.
ARTICLE 6
(1) For
paragraph (1) of Article 146 of the principal Law there shall be substituted
the following paragraph –
“(1) A
company may be wound up under this Chapter –
(a) in accordance with
Article 144;
(b) in accordance with
Article 144A; or
(c) in the following
manner, namely –
(i) by making a
statement of solvency in accordance with paragraph (2);
(ii) by passing, within 28
days after the statement has been signed by each of the directors of the
company, a special resolution that the company be wound up summarily; and
(iii) by delivering to the
registrar, within 21 days after the resolution has been passed, a copy of it in
accordance with Article 100 together with the statement.”.
(2) Paragraph
(3) of Article 146 of the principal Law shall be deleted.
ARTICLE 7
For Article 147
of the principal Law there shall be substituted the following Article –
“ARTICLE 147
Commencement of summary winding up
A summary winding
up under which assets of a company are to be distributed commences –
(a) where a limited life
company has under paragraph (1) of Article 144 been deemed to pass a special
resolution for winding up, upon its being deemed to have done so;
(b) where a company (other
than a limited life company) whose existence is limited by a period of time is
wound up pursuant to Article 144A, upon the delivery to the registrar of a
notice in accordance with either of paragraphs (1) and (2) of that Article and
the statement of solvency under Article 146; and
(c) in any other case, on
the passing of the special resolution for summary winding up.”.
ARTICLE 8
In paragraph (1)
of Article 149 of the principal Law, for the words “The company, at the
meeting at which the resolution for summary winding up is passed, or at any subsequent
meeting,” there shall be substituted the words “On or after the
date of commencement of a summary winding up of a company, it”.
ARTICLE 9
After Article 154
of the principal Law, but before Chapter 3 of Part XXI of the principal Law,
there shall be inserted the following Article –
“ARTICLE 154A
Termination of summary winding up
(1) Where
–
(a) the summary winding up
of a company has commenced;
(b) the company has not
received any contribution from any present or past member pursuant to Article
192;
(c) the company has not for
the purposes of the winding up distributed any of its assets among its members;
(d) the company is able to
discharge its liabilities as they fall due; and
(e) termination of the
winding up has been approved by a special resolution of the company,
the documents
described in paragraph (2) of this Article may be delivered to the registrar
and thereupon the winding up shall forthwith terminate.
(2) The
documents to be delivered to the registrar pursuant to paragraph (1) are
–
(a) a certificate signed by
all the directors of the company stating that the company –
(i) has received no
such contribution;
(ii) has made no such
distribution; and
(iii) is able to discharge its
liabilities as they fall due; and
(b) a copy of the special
resolution approving the termination of the winding up.
(3) Upon
the termination of a winding up pursuant to paragraph (1) –
(a) any liquidator
appointed for the purpose of the winding up shall cease to hold office; and
(b) the company and all
other persons shall be in the same position, subject to paragraph (4), as if
the winding up had not commenced.
(4) The
termination of a winding up pursuant to paragraph (1) shall not affect the
validity of anything duly done by any liquidator, director or other person, or
by operation of law, before its termination.
(5) A
director who signs a certificate delivered to the registrar pursuant to
paragraph (1) without having reasonable grounds for believing that the
statements in it are true is guilty of an offence.”.
ARTICLE 10
For Article 202
of the principal Law there shall be substituted the following Articles –
“ARTICLE 201A
Keeping of records by registrar
(1) The
information that is contained in a document delivered to the registrar under
this Law or to the Judicial Greffier under the Laws repealed by Article 223 and
kept by the registrar may be recorded and kept by the registrar in any form
–
(a) which is approved by
the Committee;
(b) which is capable of
being inspected; and
(c) of which a copy can be
produced in legible form.
(2) The
keeping by the registrar of a record of a document in accordance with paragraph
(1) shall be sufficient compliance with any duty that he has to keep the
document.
ARTICLE 202
Inspection and production of records kept by registrar
(1) A
person may inspect a record kept by the registrar.
(2) A
person may require –
(a) a certificate of the
incorporation of a company; or
(b) a certified or
uncertified copy of a record, kept by the registrar, which the person is
entitled to inspect or of any part of such a record.
(3) A
certificate given under paragraph (2) shall be signed by the registrar and
sealed with his seal.
(4) A
copy, certified in writing by the registrar in the manner described in
paragraph (3) to be an accurate copy –
(a) of a record kept by the
registrar; or
(b) of any part of such a
record,
shall be
admissible in evidence in all legal proceedings as of equal validity with the
original record and as evidence of any fact stated in it of which direct oral
evidence would be admissible.
(5) Where
a document purports on its face to be a copy of a record or part of a record,
certified in either case in accordance with paragraphs (3) and (4), it shall be
unnecessary for the purposes of paragraph (4) to prove the official position or
handwriting of the registrar.
(6) The
rights conferred by paragraphs (1) and (2) are subject to the following
limitations –
(a) the right of inspection
does not extend to an original document of which a record is kept in accordance
with paragraph (1) of Article 201A;
(b) in relation to
documents delivered to the registrar with a prospectus pursuant to a
requirement of an Order made under Article 29, the rights shall be exercisable
only during the period or with the permission specified in the Order; and
(c) the rights conferred by
paragraph (2) are subject to paragraph (3) of Article 71.”.
ARTICLE 11
For Article 204
of the principal Law there shall be substituted the following Article –
“ARTICLE 204
Destruction of records
The registrar may
destroy any record kept by him –
(a) where it is an original
document and the registrar has recorded and kept the information in it in
accordance with paragraph (1) of Article 201A;
(b) where it has been kept
for over 10 years and is or was comprised in or annexed or attached to the
accounts or annual returns of a company; or
(c) where it relates only
to a company that has been dissolved (whether under this Law or otherwise) more
than 10 years previously.”.
ARTICLE 12
After Article 205
of the principal Law, but before Part XXIV of the principal Law, there shall be
inserted the following Article –
“ARTICLE 205A
Registrar may strike company off register at end of duration
(1) Where
in the case of a company (other than a limited life company) –
(a) its memorandum
specifies or its articles specify a period of time for the duration of the
company;
(b) that period has
expired; and
(c) a notice in accordance
with either of paragraphs (1) and (2) of Article 144A has not been delivered to
the registrar,
the registrar may
proceed in accordance with paragraph (2).
(2) Where
the registrar is entitled to proceed in accordance with this paragraph, he may
publish in the Jersey Gazette, and send to the company by post, a notice that
at the end of three months from the date of that notice the name of the company
mentioned in it will, unless reason is shown to the contrary, be struck off the
register and the company will be dissolved.
(3) At
the end of the period mentioned in the notice the registrar may, unless reason
to the contrary is previously shown by the company or a member, creditor or
liquidator of it, strike its name off the register, and shall publish notice of
this in the Jersey Gazette; and on the striking off the company is dissolved;
but the liability (if any) of every director and member of the company
continues and may be enforced as if the company had not been dissolved.”.
ARTICLE 13
For Article 215
of the principal Law there shall be substituted the following Article –
“ARTICLE 215
Punishment of offences
(1) The
First Schedule has effect with respect to the way in which offences under this
Law are punishable on conviction.
(2) In
relation to an offence under a provision of this Law specified in the first
column of the First Schedule (the general nature of the offence being described
in the second column) –
(a) the corresponding entry
in the third column shows the maximum punishment by way of fine or imprisonment
under this Law that may be imposed on a person convicted of the offence;
(b) the corresponding entry
(if any) in the fourth column shows that a person convicted of the offence is
also liable to a daily default fine;
(c) a reference in the
third column to a period of years or months is a reference to a term of
imprisonment of that duration; and
(d) a reference in the
third or fourth column to a level is a reference to a fine of that level on the
standard scale.
(3) In
sub-paragraph (b) of paragraph (2), liability to a daily default fine means
that if –
(a) a person has been
convicted of the offence;
(b) he is convicted of
having again committed that offence; and
(c) on that subsequent
occasion the contravention has continued for more than one day,
then in addition
to his liability to a fine under sub-paragraph (a) of paragraph (2) on
conviction in respect of that subsequent offence, he is liable to the fine
specified in the fourth column of the First Schedule for each day (other than
the first day) on which the subsequent offence is proved to have continued.
(4) For
the purposes of any Article of this Law where under or pursuant to this Law an
officer of a company or other body corporate who is in default is guilty of an
offence, the expression ‘officer in default’ means any officer of
the company or body corporate who knowingly and wilfully authorizes or permits
the default, refusal or contravention mentioned in the Article.”.
ARTICLE 14
For the First
Schedule to the principal Law there shall be substituted the Schedule so
numbered and set forth in the Schedule to this Law.
ARTICLE 15
This Law may be
cited as the Companies (Amendment No. 3) (Jersey) Law 1997 and shall come into
force on the fourteenth day following its registration.
C.M. NEWCOMBE
Deputy Greffier
of the States.
SCHEDULE
(Article 14)
“FIRST
SCHEDULE
(Article 215)
Punishment of
offences
|
Article of Law creating offence
|
General nature of offence
|
|
Punish-ment
|
Daily default fine (where
applic-able)
|
|
12(2)
|
Company failing to send to one of its members a copy of its
memorandum or articles, when so required by the member
|
|
Level
3
|
|
|
14(4)
|
Company failing to deliver to Judicial Greffier copy of altered
certificate of incorporation following change of name
|
|
Level
3
|
Level
2
|
|
15(5)
|
Company failing to change name on direction of registrar
|
|
Level
3
|
Level
2
|
|
17(4)
|
Private company failing to deliver to registrar Act of the court
relieving company from consequences of increasing the number of its members
beyond 30
|
|
Level
3
|
Level
2
|
|
17(4)
|
Company failing to deliver to registrar copy of direction by
Committee modifying Article 17(1) in its application to the company
|
|
Level
3
|
Level
2
|
|
17(5)
|
Private company issuing a prospectus
|
|
2
years or a fine; or both
|
|
|
22(1)
|
Company failing to have its name engraved on company seal
|
|
Level
3
|
|
|
22(2)
|
Officer of company etc. using company seal without name engraved
on it
|
|
Level
3
|
|
|
29(3)
|
Failure to comply with Order of the Committee prohibiting the
circulation of a prospectus in the Island or the circulation of a prospectus
in the Island or elsewhere by a company
|
|
2
years or a fine; or both
|
|
|
33
|
Circulation of a prospectus with a material statement in it
which is untrue or misleading or with the omission from it of the statement
of a material fact
|
|
10
years or a fine; or both
|
|
|
36(2)
|
Public company failing to deliver to registrar statement
disclosing the amount or rate per cent of share commission
|
|
Level
3
|
Level
2
|
|
41(3)
|
Company failing to keep a register of members
|
|
Level
4
|
Level
2
|
|
44(4)
|
Company failing to give notice to registrar as to place where
register of members is kept
|
|
Level
4
|
Level
2
|
|
45(3)
|
Refusal of inspection of members’ register; failure to
send copy on requisition
|
|
Level
4
|
|
|
46(3)
|
Misuse of information obtained from members’ register
|
|
A
fine
|
|
|
47(4)
|
Company failing to deliver to registrar Act of court ordering
rectification of register of members
|
|
Level
3
|
Level
2
|
|
50(5)
|
Company default in compliance with Article 50(1) (certificates
to be made ready following allotment or transfer of shares)
|
|
Level
3
|
Level
2
|
|
53(5)
|
Company failing to deliver to registrar Act of court when
application made to cancel resolution varying shareholders rights
|
|
Level
3
|
Level
2
|
|
54(5)
|
Company failing to deliver to registrar statement or notice
required by Article 54 (particulars of shares carrying special rights)
|
|
Level
3
|
Level
2
|
|
58(5)
|
Company giving financial assistance towards acquisition of its
own shares in contravention of Article 58
|
|
A
fine
|
|
|
58(5)
|
Officer of company contravening Article 58
|
|
2
years or a fine; or both
|
|
|
66
|
Officer of company concealing name of creditor entitled to
object to reduction of capital, or wilfully misrepresenting nature or amount
of debt or claim, etc.
|
|
2
years or a fine; or both
|
|
|
68(2)
|
Company failing to display name outside registered office
|
|
Level
3
|
Level
2
|
|
69(2)
|
Company failing to have name on business correspondence,
invoices, etc.
|
|
Level
3
|
|
|
70(3)
|
Company failing to comply with Article 70(1) or (2) (matters to
be stated on business correspondence, etc.)
|
|
Level
3
|
|
|
78(4)
|
Person acting in contravention of disqualification order
|
|
2
years or a fine; or both
|
|
|
83(4)
|
Default in complying with Article 83 (keeping register of
directors and secretaries; refusal of inspection)
|
|
Level
3
|
Level
2
|
|
87(8)
|
Company default in holding annual general meeting
|
|
Level
4
|
|
|
88(3)
|
Company default in complying with Committee’s direction to
hold company meeting
|
|
A
fine
|
|
|
88(5)
|
Company failing to register resolution that meeting held under
Article 88 is to be its annual general meeting
|
|
Level
3
|
Level
2
|
|
96(3)
|
Failure to give notice, to member entitled to vote at company
meeting, that he may do so by proxy
|
|
Level
3
|
|
|
96(5)
|
Officer of company authorizing or permitting issue of irregular
invitations to appoint proxies
|
|
A
fine
|
|
|
98(4)
|
Company failing to keep minutes of proceedings at company and
board meetings, etc.
|
|
Level
3
|
Level
2
|
|
99(3)
|
Refusal of inspection of minutes of general meeting; failure to
send copy of minutes on member’s request
|
|
Level
3
|
|
|
100(5)
|
Company failing to include copy of resolution to which Article
100 applies with memorandum or articles; failing to forward copy to member on
request
|
|
Level
3
|
|
|
105(2)
|
Company failing to supply copy of accounts to member on demand
|
|
Level
4
|
Level
2
|
|
107
|
Company failing to comply with Article 102 (keeping accounting
records), 103 (retaining accounting records), 104 (preparing and laying
accounts) or 106 (failing to deliver copy of accounts to registrar)
|
|
|
|
|
Level
4
|
For
contra-vention of Article 106, Level 2
|
|
107
|
Officer of public company failing to comply with Article 102,
103, 104 or 106
|
|
|
|
|
109(9)
|
Company failing to appoint auditors when required to do so
|
|
A fine
|
|
|
111(9)
|
Auditor ceasing to hold office failing to deposit statement as
required by Article 111(7)
|
|
A
fine
|
|
|
111(10)
|
Company failing to send notice of auditor’s resignation to
members and to other persons entitled to receive notice of general meetings
|
|
A
fine
|
|
|
112
|
Company officer or secretary making misleading, false or
deceptive statement to auditors
|
|
5
years or a fine; or both
|
|
|
113(6)
|
Person acting as company auditor knowing himself to be
disqualified; failing to give notice vacating office when he becomes
disqualified
|
|
2
years or a fine; or both
|
|
|
117(6)
|
Offeror failing to send to company whose shares are the subject
of the offer notice and declaration required by Article 117(4); making false
declaration for purposes of Article 117(4)
|
|
2
years or a fine; or both
|
|
|
119(6)
|
Offeror failing to give minority shareholder notice of rights
exercisable under Article 119(1) or (2)
|
|
A
fine
|
|
|
125(4)
|
Company failing to annex Act of court to memorandum
|
|
Level
3
|
|
|
126(6)
|
Company failing to comply with requirements of Article 126
(information to members and creditors about compromise or arrangement)
|
|
Level
3
|
|
|
126(7)
|
Director or trustee for debenture holders failing to give notice
to company of such matters relating to himself as are necessary for purposes
of
|
|
A fine
|
|
|
127(4)
|
Company failing to deliver to registrar Act of court sanctioning
compromise or arrangement
|
|
Level
3
|
Level
2
|
|
133
|
Obstruction of person acting in execution of search warrant
issued under Article 132
|
|
2
years or a fine; or both
|
|
|
143(5)
|
Company failing to deliver to registrar Act of court altering,
or giving leave to alter, company’s memorandum or articles following
application by member or by Committee
|
|
Level
3
|
Level
2
|
|
151(7)
|
Director or liquidator failing to comply with obligations under
Article 151 (company to discharge liabilities in full within six months of
commencement of summary winding up); director or liquidator failing to
preside at creditors’ meeting
|
|
A
fine
|
|
|
151(8)
|
Director or liquidator of company in summary winding up making
statement of solvency without having reasonable grounds for that opinion
|
|
2
years or a fine; or both
|
|
|
154A(5)
|
Director signing certificate for termination of summary winding
up without having reasonable grounds for believing contents true
|
|
2
years or a fine; or both
|
|
|
155(5)
|
Company failing to deliver to registrar Act of court ordering
company to be wound up on just and equitable grounds
|
|
Level
3
|
Level
2
|
|
158(2)
|
Company failing to advertise resolution for creditors’
winding up
|
|
Level
3
|
Level
2
|
|
160(3)
|
Company or director failing to comply with Article 160 in
respect of calling or giving notice of creditors’ meeting; directors
failing to attend and lay statement before creditors’ meeting
|
|
A
fine
|
|
|
161(6)
|
Liquidator failing to give notice of appointment
|
|
Level
3
|
Level
2
|
|
164(3)
|
Directors exercising powers in breach of Article 164, where no
liquidator
|
|
6
months or a fine; or both
|
|
|
168(2)
|
Liquidator failing to call company general meeting and
creditors’ meeting at end of each year
|
|
Level
3
|
|
|
169(4)
|
Liquidator failing to give registrar notice of final meeting
|
|
Level
2
|
Level
1
|
|
169(7)
|
Failure to deliver to registrar Act of court deferring
dissolution of company
|
|
Level
3
|
Level
2
|
|
169(8)
|
Liquidator failing to call final meeting of company or creditors
|
|
Level
3
|
|
|
174(4)
|
Failure to deliver to registrar Act of court staying proceedings
in creditors’ winding up
|
|
Level
3
|
Level
2
|
|
183(4)
|
Failure to co-operate with liquidator
|
|
6
months or a fine; or both
|
|
|
188(3)
|
Person acting as liquidator when not qualified to do so
|
|
2
years or a fine; or both
|
|
|
189
|
Giving, offering, etc. corrupt inducement affecting appointment
as liquidator
|
|
2
years or a fine; or both
|
|
|
190(2)
|
Liquidator failing to give notice of resignation, etc.
|
|
A
fine
|
|
|
191(2)
|
Failing to state on correspondence, etc. that company is in
liquidation
|
|
A
fine
|
|
|
194(4)
|
Contravening a direction regarding destruction of records of
company which has been wound up
|
|
Level
4
|
|
|
195(4)
|
Person passing off or representing external company as
incorporated in the Island
|
|
A
fine
|
|
|
206(2)
|
Company failing to take reasonable precautions to prevent loss
or falsification of company records
|
|
Level
3
|
|
|
213(4)
|
Failing to deliver to registrar Act of the court declaring
dissolution of company void
|
|
Level
3
|
Level
2
|
|
Second
Schedule, paragraph 8(2)
|
Failure of existing company to notify registrar that it has more
than 30 members
|
|
Level
3
|
Level
2
|
|
Second
Schedule, paragraph 9(3)
|
Failure of existing company to notify registrar of address of
registered office
|
|
Level
3
|
Level
2”.
|