Regulations required in
case of unlimited company or company limited by guarantee. 19 & 20 Geo. 5, c. 23, 6. 7.
Adoption
and applica-
tion of
Table A.
5, c. 23,
s. 8.
1530
9. (1) In the case of an unlimited company the articles, if the company has a chare capital, must state the amount of share capital with which the company proposes to be registered.
(2) In the case of an unlimited company or a com- pany limited by guarantee, the articles, if the company has not a share capital, must state the number of members with which the company proposes to be registered.
(3) Where a company not having a share capital has increased the number of its members beyond the registered number, it shall, within fifteen days after the increase was resolved on or took place, give to the registrar of companies notice of the increase, and the registrar shall record the increase.
If default is made in complying with this subsection, the company and every officer of the company who is in default shall be liable to a default fine.
10.-(1) Articles of association may adopt all or any of the regulations contained in Table A,
(2) In the case of a company limited by shares and 19 & 20 Geo. registered after the commencement of this Ordinance, if articles are not registered, or, if articles are registered, in so far as the articles do not exclude or modify the regulations contained in Table A, those regulations shall, so far as applicable, be the regula- tions of the company in the same manner and to the same extent as if they were contained in duly registered articles.
Printing, stamp, and signature of articles.
19 & 20 Geo.
5, c. 23, s. 9. Ordinance
No. 3 of 1921.
Alteration of articles by special resolution.
19 & 20 Geo. 5, c. 23,
s. 10.
Statutory forms of
memoran- dum and articles.
19 & 20 Geo. 5, c. 23,
8. 11.
11. Articles must-
(1) be printed in the English language;
(2) be divided into paragraphs numbered con-
secutively;
(3) bear the same stamp as if they were
contained in a deed;
(4) be signed by each subscriber of the mcmo- randum of association in the presence of at least one witness who must attest the signature.
12.-(1) Subject to the provisions of this Ordinance and to the conditions contained in its memorandum, a company may by special resolution alter or add to its articles.
(2) Any alteration or addition so made in the articles shall, subject to the provisions of this Ordin- ance, be as valid as if originally contained therein, and be subject in like manner to alteration by special resolution.
Form of Memorandum and Articles.
13. The form of-
(1) the memorandum of association of a com-
pany limited by shares;
(2) the memorandum and articles of association of a company limited by guarantee and not having a share capital;
(3) the memorandum and articles of association of a company limited by guarantee and having a share capital;
(4) the memorandum and articles of association of an unlimited company having a share capital;
shall be respectively in accordance with the forms set out in Tables B., C., D. and E. in the First -Schedule to this Ordinance, or as near thereto as
circumstances admit.