Authentica

tion of statements

of existing companies. 19 & 20 Geo. 5, c. 23. s. 325.

Registrar may require

evidence as to nature

of company. 19 & 20 Geo. 5,.. 23, 8. 326.

Exemption of certain companies from pay-

ment of fees, 19 & 20 Geo. 5, c. 23,

s. 327.

Addition

to name

1128

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300 The lists of members and directors and any ther particulars relating to the company required to be delivered to the registrar shall be verified by a statutory declaration of any two or more directors or other principal officers of the company.

301. The registrar may require such evidence as he thinks necessary for the purpose of satisfying himself whether any company proposing to be registered is cr is not a joint stock company as hereinbefore defined.

302. No fees shall be charged in respect of the registration in pursuance of this Part of this Ordinance a company if it is not registered as a limited company, or if before its registration as a limited con- pany the liability of the shareholders was limited by some other Ordinance or Act of Parliament or by letters patent.

303. When a company registers in pursuance of of "limited" this Part of this Ordinance with limited liability, the word "limited" shall form, and be registered as, part of its name and any Chinese equivalent of its name which the company may use shall contain the Chinese characters. 有限公司

19 & 20 Geo.

5, c. 23 *. 328.

Certificate

of registra tion of existing companies. 19 & 20 Geo. 5, c. 23, s. 329.

Vesting of property on registration, 19 & 20 Geo 5, c.23, s.330.

Saving for existing liabilities.

19 & 20 Geo. 5. c. 23,

s. 331.

Continuation

of existing actions.

304. On compliance with the requirements of this Part of this Ordinance with respect to registration, and on payment of such fees, if any, as are payable under the Ninth Schedule to this Ordinance, the registrar shall certify under his hand that the com- pany applying for registration is incorporated as company under this Ordinance, and in the case of a limited company that it is limited, and thereupon the company shall be so incorporated.

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305. All property, real and personal (including things in action), belonging to or vested in a company at the date of its registration in pursuance of this Part of this Ordinance, shall on registration pass to and vest in the company as incorporated under this Ordin- ance for all the estate and interest of the company therein.

306. Registration of a company in pursuance of this Part of this Ordinance shall not affect the rights or liabilities of the company in respect of any debt or obligation incurred, or any contract entered into, by, to, with, or on behalf of, the company before registration.

307. All actions and other legal proceedings which at the time of the registration of a company in 19 & 20 Geo, pursuance of this Part of this Ordinance are pending by or against the company, or the public officer or any member thereof, may be continued in the same manner as if the registration had not taken place:

5, c. 23.

3. 332.

Effect of registration under Ordinance.

19 & 20 Geo. 5. c. 23,

$ 333

Provided that execution shall not issue against the effects of any individual member of the company on any judgment, decree, or order obtained in any such action or proceeding, but, in the event of the property and effects of the company being insufficient to satisfy the judgment, decree, or order, an order may be obtained for winding up the company.

308.-(1) When a company is registered in pur- suance of this Part of this Ordinance the following provisions of this section shall have effect.

(2) All provisions contained in any Ordinance, Act of Parliament or other instrument constituting r regulating the company, including, in the case of a company registered as a company limited by guarantee, the resolution declaring the amount of the guarantee,

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