193704-1932-Supplementary-Bill-read-a-second-time--Companies — Page 41

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(4) At the expiration of the time mentioned in the notice, the registrar of companies may, unless cause to the contrary is previously shown by the company, strike the name of the company off the register and shall publish notice thereof in the Gazette, and on such publication the company whose name is so struck off shall be dissolved: Provided that the liability, if any, of every director, managing officer, and member of the company shall continue and may be enforced as if the company had not been dissolved.

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(5) If any company or member thereof aggrieved by the name of such company having been struck off the register in pursuance of this section, the company or member may apply to the court, and the court, if it is satisfied that it is just to do so, may order the name of the company to be restored to the register, and thereupon the company shall be deemed to have continued in existence as if the name had never been struck off: and the court may, by the order, give such directions and make such provisions as seem just for placing the company and all other persons in the same position, as nearly as may be, as if the name of the company had never been struck off.

(6) A letter or notice under this section may be addressed to the company at its registered office, or, if no office has been registered, to the care of some director or officer of the company, or if there is no director or officer of the company whose name and address are known to the registrar of companies, may be sent to each of the persons who subscribed the memorandum, addressed to him at the address mentioned in the memorandum.

(7) If default is made in complying with subsection (2) of this section, the company and every officer of the company who is in default shall be liable to a default fine.

104.-(1) A local or branch register shall be deemed Regulations to be part of the company's register of members (in as to branch this and the next following section called "the register. principal register").

(2) It shall be kept in the same manner in which the principal register is by this Ordnance required to be kept, except that the advertisement before closing the register shall be inserted in some news- paper circulating in the district where the local or branch register is kept.

(3) The company shall transmit to its registered office a copy of every entry in its local or branch register as soon as may be after the entry is made, and shall cause to be kept at its registered office, duly entered up from time to time, a duplicate of its local or branch register.

Every such duplicate shall, for all the purposes of this Ordinance, be deemed to be part of the principal register.

(4) Subject to the provisions of this section with respect to the duplicate register, the shares registered in a local or branch register shall be distinguished from the shares registered in the principal register, and no transaction with respect to

any shares registered in a local or branch register shall, during the continuance of that registration, be registered in any other register.

(6) A company may discontinue to keep a local or branch register, and thereupon all entries in that register shall be transferred to some other local or branch register kept by the company or to the principal register.

(6) Subject to the provisions of this Ordinance, any company may, by its articles, make such provisions as at may think fit respecting the keeping of local or branch registers.

19 & 20 Geo. 5, c. 23, 8. 104.