CAP. 32]
[s. 143 cont.]
Limited company may have directors with unlimited liability.
Companies.
of origin, his nationality of origin, and his business occupation, if any, or, if he has no business occupation but holds any other directorship or directorships, particulars of that directorship or of some one of those directorships; and
(b) in the case of a corporation, its corporate name and registered or principal office.
(2) The company shall, within the periods respectively mentioned in this subsection, send to the Registrar of Companies a return in the prescribed form containing the particulars specified in the said register and a notification in the prescribed form of any change among its directors or in any of the particulars contained in the register. The period within which the said return is to be sent shall be a period of fourteen days from the appointment of the first directors of the company, and the period within which the said notification of a change is to be sent shall be fourteen days from the happening thereof.
(3) The register to be kept under this section shall during business hours (subject to such reasonable restrictions as the company may by its articles or in general meeting impose, so that not less than two hours in each day be allowed for inspection) be open to the inspection of any member of the company without charge and of any other person on payment of one dollar, or such less sum as the company may prescribe, for each inspection.
(4) If any inspection required under this section is refused or if default is made in complying with subsection (1) or (2), the company and every officer of the company who is in default shall be liable to a default fine.
(5) In the case of any such refusal, the court may by order compel an immediate inspection of the register.
(6) For the purposes of this section, a person in accordance with whose directions or instructions the directors of a company are accustomed to act shall be deemed to be a director and officer of the company.
144. (1) In a limited company the liability of the directors or managers, or of the managing director, may, if so provided by the memorandum, be unlimited.
108
CAP. 32]
[s. 143 cont.]
Limited company may have directors
with un- limited
lability.
Companies.
of origin, his nationality of origin, and his busi- ness occupation, if any, or, if he has no business occupation but holds any other directorship or directorships, particulars of that directorship or of some one of those directorships; and
(b) in the case of a corporation, its corporate name
and registered or principal office.
(2) The company shall, within the periods respectively mentioned in this subsection, send to the Registrar of Companies a return in the prescribed form containing the particulars specified in the said register and a notification in the prescribed form of any change among its directors or in any of the particulars contained in the register. The period within which the said return is to be sent shall be a period of fourteen days from the appointment of the first directors of the company, and the period which the said notification of a change is to be sent shall be fourteen days from the happening thereof.
(3) The register to be kept under this section shall during business hours (subject to such reasonable restric- tions as the company may by its articles or in general meeting impose, so that not less than two hours in each day be allowed for inspection) be open to the inspection of any member of the company without charge and of any other person on payment of one dollar, or such less sum as the company may prescribe, for each inspection.
(4) If any inspection required under this section is refused or if default is made in complying with subsection (1) or (2), the company and every officer of the company who is in default shall be liable to a default fine.
(5) In the case of any such refusal, the court may by order compel an immediate inspection of the register.
(6) For the purposes of this section, a person in accord- ance with whose directions or instructions the directors of a company are accustomed to act shall be deemed to be a director and officer of the company.
144. (1) In a limited company the liability of the directors or managers, or of the managing director, may, if so provided by the memorandum, be unlimited.
108
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