Addition of
884
236. When a company registers in pursuance of this "limited" to Part of this Ordinance with limited liability, the word "limited" shall form and be registered as part of its name
name.
8 Edw. 7 c. 69 s. 258.
Certificate of
registration
of existing companies. Ib. s. 259.
Vesting of property on registration. Ib. 8. 260.
Saving for existing lia bilities.
b. s. 261.
Continuation of existing
actions.
Ih, B. 262.
Effect of registration.
Ib. s. 263.
and any Chinese equivalent of its name which the
company may use shall contain the Chinese characters 有限公司.
237. On compliance with the requirements of this Part of this Ordinance with respect to registration, and on pay- ment of such fees, if any, as are payable under Table B. in the First Schedule to this Ordinance, the registrar shall certify under his hand that the company applying for registration is incorporated as 21. company under this Ordinance, and in the case of a limited company that it is limited, and thereupon the company shall be incorporated and shall have perpetual succession and a common seal with power to hold lands,
288. 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 puss to and vest in the company as incorporated under this Ordinance for all the estate and interest of the company therein.
209. 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 obliga- tion incurred, or any contract entered into, by, to, with, or on behalf of, the company before registration.
240. All actions and other legal proceedings which at the time of the registration of a company in 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; nevertheless execution shall not issue against the effects of any individual member of the company on any judgment, decrce, or order obtained in any such action or procceling; 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.
241. When a company is registered in pursuance of this Part of this Ordinuco--
(4) All provisions contained in any Act of Parlia- ment. Ordinance, deed of settlement, contract of copartuery, cost book regulations, letters patent, or other instrument constituting or 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, shall be deemed to be conditions and regulations of the company, in the same manner and with the same incidents as it so much thereof as would, if the company had been formed under this Ordinance, have been required to be inserted in the memorandum, were con- tained in a registered memorandum, and the residue thereof were contained in registered articles:
(i) All the provisions of this Ordinance shall apply to the company, and the members, contributories, and creditors thereof, in the same manner in all respects as if it had been formed under this Ordinance, subject as follows (that is to say) :-
(a) The regulations in Table A. in the First Schedule to this Ordinance shall not apply unless adopted by special resolution;
(b) The provisions of this Ordinance re- lating to the numbering of shares shall not apply to any joint stock company whose shares are not numbered;
i
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