COMPANIES.
No. 58 of 1911.
2195
(b) it shall have filed with the Registrar of Companies the documents and particulars specified in paragraphs (a), (b) and (c) of section 252 (1); and
(c) it shall have obtained the special consent of the Governor-in-Council.
(2) Subject to the provisions of this section any company incorporated outside the Colony shall have power to acquire, hold and dispose of lands in the Colony as if it were a company incorporated under this Ordinance.
PART X.
SUPPLEMENTAL.
Legal Proceedings, Offences, &c.
254. All offences under this Ordinance made punishable by any fine may be prosecuted under the Magistrates Ordinance, 1890.
Prosecution of offences. 8 Edw. 7 c. 69 s. 276. No. 3 of 1890.
255. The Magistrate imposing any fine under this Ordinance, may direct that the whole or any part thereof be applied in or towards payment of the costs of the proceedings, or in or towards rewarding the person on whose information or at whose suit the fine is recovered, and subject to any such direction all fines under this Ordinance shall notwithstanding anything in any other Ordinance be paid to the Treasurer.
256. Where a limited company is plaintiff in any action or other legal proceeding, any Judge having jurisdiction in the matter may, if it appears by credible testimony that there is reason to believe that the company will be unable to pay the costs of the defendant if successful in his defence, require sufficient security to be given for those costs, and may stay all proceedings until the security is given.
Costs in certain actions by limited companies. ib. s. 278.
257.—(1) If any company fails to pay the whole or any part of any fine or penalty imposed by a Magistrate under this Ordinance within one month of the day on which the said fine or penalty was imposed, the Registrar of Companies shall publish in the Gazette and send to the company by post a notice that at the expiration of 2 months from the date of such notice the name of the company mentioned therein will, unless the said fine or penalty be sooner paid, be struck off the register and the company will be dissolved.
* As amended by No. 50 of 1911.
† As amended by No. 17 of 1912.