companies act 2016 pdf

(V\321M)Tj 0 0 0 1 k 0 0 0 1 k 0.5959 Tw -0.0001 Tc 0.0009 Tc q 42.52 47.913 334.488 496.933 re BT 0 0 419 595 re ET /GS0 gs 12 0 0 12 203.7638 32.8728 Tm BT -0.0253 Tw /F0 1 Tf )]TJ 0.1339 Tw ET /F1 1 Tf 0 0 419 595 re 11 0 0 11 61.5197 198.4934 Tm -0.0001 Tc (Act 1)Tj W n 0 0 0 1 k -2 -1.16667 TD (share has a number and of the amount paid or agreed to be)' 0 Tc )-269(Returns to be deliver)19(ed to the r)18(egistrar by a for)19(eign company)55(. 2 -2.53333 TD (shares in the company of a class already issued, except that\321)Tj [(s capital accordingly)65(. /GS0 gs [(255. -2 -1.75 TD T* -2 -1.16667 TD -0.0001 Tc q [((a))-891(a person is convicted of any of)18(fence in connection with the)]TJ 0 0 419 595 re 0 -1.16667 TD 0 0 0 1 k 0 0 0 0 k 0 0 419 595 re BT Q 0 0 419 595 re 0.0127 Tw /F1 1 Tf (having been made to, the director; and)' 0 0 0 1 k (amount of its share capital and of its shares accordingly)Tj 2 0 TD -0.0001 Tc 16.37999 0 TD -0.0002 Tc )-932(Certificate of re-registration. -2 -1.25 TD -0.01 Tc W n << 0.0407 Tw 8.25 0 0 8.25 134.7175 376.7356 Tm Q -0.0001 Tc /F1 1 Tf /Length 3458 0.0796 Tw /GS0 gs stream 2 -1.1667 TD 0.2022 Tw W n q 11.09163 0 TD )]TJ /F2 1 Tf 0 Tc << 0 0 0 1 k 0.041 Tw 12 0 obj q /GS0 gs 2 -2.33334 TD 0.025 Tw (consent. 2 -2.0673 TD 75 0 obj (distinguishing each share by its number; and)Tj (Act 1)Tj << 0.3494 Tw q ET BT 0 0 0 1 k W n 0 0 419 595 re BT 12 0 0 12 352.0079 550.7781 Tm [(Companies)-275(Act)]TJ 0 Tc 151 0 obj << 12 0 0 12 152.9833 465.6403 Tm -0.0171 Tw 0 0 0 0 k 0.374 Tw 12 0 0 12 178.4155 551.7782 Tm W n -0.034 Tw 0.055 Tw 0.025 Tw 2 -1.25 TD /F0 1 Tf Q /GS2 gs 0.001 Tc /F2 1 Tf /F2 1 Tf (of five currency points for each day the default continues.)' 0 Tr 0 0 419 595 re 0.025 Tw BT 0.025 Tw -0.0001 Tc 0 0 419 595 re ET 8.25 0 0 8.25 248.792 209.6564 Tm W n /F2 1 Tf ET ((2) Where default is made in complying with this section, the)Tj 0.0652 Tw ((1) Subject to the exceptions specified in section 220, a company)Tj /GS2 gs 0.01 Tw 1 g 0.0089 Tw )-977(Interpretation of sections 252 to 259. /GS2 gs [(company)65(. 0 Tr [(31. [(47. /GS0 gs [(transfer of any shares in accordance with the of)18(fer)39(,)]TJ ET (before or after receipt of the representations by the)' Q (, where proxies are allowed, by)Tj Q 0.1382 Tw 0 0 419 595 re 0.0951 Tw 42.52 47.913 334.488 496.933 re /F0 1 Tf BT W n 0 Tr 0 Tr 0 0 0 1 k q BT 12 0 0 12 43.5197 550.7781 Tm 0 Tr (. BT Q [(83. stream 0.025 Tw 0 Tr [(155. -0.0013 Tw (or her under that section; and)Tj [(\()15(e)15(\))15( )-266(to what extent the company has complied with the)]TJ 167.2867 478.4403 m 0 Tc ET 0.001 Tw (Act 1)Tj -0.0343 Tw f /GS2 gs >> -0.033 Tw 2.72727 -1.16215 TD ET /GS0 gs 0.025 Tw 0 0 419 595 re 0.025 Tw 0.0171 Tw 0.025 Tw 0 595 0 0 re 2 -2.33333 TD 0.3453 Tw BT T* q BT 0.022 Tw 0.025 Tw 0.0088 Tc (to the public;)Tj 0 0 0 0 k BT -0.0151 Tc )]TJ 0 0 419 595 re 0 0 419 595 re BT 0 Tc )]TJ 0 Tr (ficer performing the duty of registration)Tj -0.0001 Tc 0.1034 Tw q -0.015 Tc Q 0 0 419 595 re 0.101 Tw BT -2 -1.75 TD ET 158 0 obj 0 0 0 1 k /F1 1 Tf -2 -2.16667 TD endobj (continues. ET BT 0.1381 Tw 12 0 0 12 43.5197 550.7781 Tm 0 0 419 595 re /F0 1 Tf (II\321I)Tj q >> 12.22549 0 TD 0.1758 Tw 0 0 0 1 k 1 g -0.0251 Tc W n 0.0485 Tw (companies may apply to the court for approval of an amalgamation)' /F2 1 Tf -0.0082 Tw 0.108 Tw ((4) Where a company changes its name under this section, it)Tj 0 0 419 595 re -0.0001 Tc Q -0.0001 Tc Q (of any mechanical or electronic device and any material)' 0.0009 Tc 2 -1.16667 TD f 0 0 419 595 re BT 0 0 0 1 k 10.04448 0 TD 0.072 Tw 0 0 0 1 k [(registration the particulars of every char)18(ge created by the company)]TJ 0 0 419 595 re -0.0281 Tw -0.0001 Tc Q -0.0001 Tc 2 -2.08334 TD /GS2 gs q f ET (paragraph (c) does not apply to a person acting in his or her)Tj W n stream )]TJ ET -2 -1.16667 TD )Tj 0 0 0 0 k ET 26.02364 0 TD -0.034 Tw 0.009 Tc -0.0002 Tc << BT 140 0 obj (the publication of the prospectus or the delivery of the statement in)' 0.025 Tw 1 g [(an of)18(fence and is liable on conviction to imprisonment not exceeding)]TJ )Tj q 0.0009 Tc 0 0 0 1 k q 0 0 0 0 k 2 -1.9167 TD 0.025 Tw 0 0 419 595 re 0 -1.2083 TD (subsidiary of another body corporate; and)' W n 0 0 419 595 re -2 -1.16667 TD 0.093 Tw T* 0 0 419 595 re -0.0001 Tc [((5) Subsection (1) does not af)18(fect any liability incurred by the)]TJ 5.90143 0 TD (Act 1)Tj )]TJ 12 0 0 12 43.5197 373.11 Tm 2 -2.08334 TD Q 12 0 0 12 67.5197 535.6403 Tm ET [((d) )-606(carry on some business which under existing circumstances)]TJ 2.18182 0 TD 0 Tr (default". (resolution of the company purporting to give any person a right to)' 0.0137 Tw f 0.274 Tw /GS2 gs >> ET (out of the proceeds of a fresh issue, there shall out of profits)Tj 0.0013 Tc 0 0 0 0 k 0 0 419 595 re 0 0 0 0 k 0 0 419 595 re (s registered of)Tj 0.025 Tw )-932(Power of unlimited company to provide for reserve share capital)]TJ /Length 3241 0.124 Tw Q 0 0 419 595 re 0 Tr >> 0 -2.33334 TD -0.0001 Tc -2 -2.25 TD Q ((1) The court, if satisfied, with respect to every creditor of the)Tj BT )]TJ >> 0.0013 Tc 0.001 Tc 2 -1.75 TD 0 0 0 1 k /F2 1 Tf -0.0201 Tc BT Q Q /F0 1 Tf 0 0 419 595 re stream -0.0332 Tw (Prosecutions by any person who-)' -0.0001 Tc (70)Tj 0 0 0 0 k [(connection with takeover or transfer of shar)18(es in company)56(. 2 -2.33333 TD q 0 0 0 0 k (not exceeding two hundred and fifty currency points.)' [(entering into any guarantee or the provision of any security)65(, except\321)]TJ 0 0 0 1 k 0 Tr T* )-977(Incorporation document of amalgamated company)65(. 0 Tc ET /GS2 gs /GS2 gs [(company and every of)18(ficer of the company who is in default is liable)]TJ )Tj /F0 1 Tf 0.025 Tw /GS2 gs 0.167 Tw q 0.2409 Tw 0.493 Tw -0.0001 Tc 0 Tc [(securing the issue of debentures of the company)65(. 0 -1.20635 TD 12 0 0 12 200.7638 32.8728 Tm 12 0 0 12 203.7638 32.8728 Tm 0 0 0 0 k (esolution for voluntar)Tj 2 -2.41667 TD ET 0.025 Tw 0.0008 Tc q 0.1373 Tw W n 11 0 0 11 55.5197 394.831 Tm q -0.0225 Tw W n 0 Tc -0.0001 Tc 0 Tr (incidental or conducive to the carrying on of any trade or)Tj -0.0002 Tc 2.72727 0 TD 2 -2.33334 TD f (2012)Tj f ((b) )Tj 2 -1.16667 TD 128 0 obj )]TJ 0 595 0 0 re 0 0 0 1 k >> q 23.7866 0 TD (Act 1)Tj /Length 3148 0 0 419 595 re W n (transfer duly stamped and otherwise valid and does not include a)Tj /GS0 gs (required by that section to be stated by the director on the exercise of)' Q 0 0 419 595 re 0.068 Tw 0.094 Tw 0.001 Tc [(consented, the applicant commits an of)18(fence and is liable on)]TJ 0 0 0 1 k 0.2494 Tw (in the case of an individual, his or her present first name)Tj 2 0 TD 0.025 Tw 0 Tc ET [(company and every of)18(ficer of the company who is in default is liable)]TJ W n f [((h) )-560(a char)18(ge on a ship or any share in a ship; and)]TJ ((4) The register shall contain the following particulars with)Tj /GS2 gs f (Act 1)Tj 2 -1.75 TD -0.0001 Tc 6.20503 0 TD -0.0001 Tc 0 0 419 595 re 0 0 0 0 k BT BT 0.0009 Tc -0.024 Tc 0 595 0 0 re [(First Schedule )-2315-944(Currency point. -0.0001 Tc 0.0013 Tc 42.52 546.811 334.488 14.173 re 0 Tc 0.371 Tw 0 0 0 0 k 0 Tr 0 0 419 595 re 42.52 28.74 334.488 13.339 re ET 0 0 0 0 k 0 0 419 595 re 12 0 0 12 178.4155 550.7781 Tm [(property)65(. -0.0002 Tc /GS0 gs 12 0 0 12 178.4155 551.7782 Tm 1 g BT -0.0151 Tc -10.3078 -2.5 TD 0 -1.18333 TD [(that order)55(. (was privy to that arrangement, the payment shall be taken,)Tj 0 0 0 1 k 0.0318 Tw 0 0 419 595 re 0 Tc q /GS0 gs BT ((a) )Tj q 12 0 0 12 43.5197 215.6403 Tm 2 -1.625 TD Q 0 0 419 595 re -0.0001 Tc [(company\325)55(s asset value is the amount of the company\325)55(s called up share)]TJ (company is being wound up and for the purposes of the)' ET 15.39818 0 TD /F0 1 Tf 0.025 Tw /F0 1 Tf (director of the company)Tj BT -0.011 Tw 0.0668 Tw (epor)Tj -0.0327 Tw 0 0 0 0 k (proceedings for that purpose in the name of the body corporate. )' (sums shall, to the extent to which the liability is released or)' 0 Tc 0.31 Tw 0 0 419 595 re -0.0001 Tc -0.0201 Tc 0 0 0 1 k [(priority to claims under the char)18(ge. 0 Tr [(however long, notwithstanding any rule of equity to the contrary)65(. /GS2 gs BT 2 -1.66667 TD ET -0.0001 Tc q (conviction to a fine not exceeding one hundred currency points,)' -2 -2.33333 TD -0.0001 Tc BT 0.0009 Tc f Act 125 COMPANIES ACT 1965 ARRANGEMENT OF SECTIONS PART I PRELIMINARY Section 1. /GS2 gs 0 -1.16666 TD 0.3668 Tw [(dischar)18(ged; or)]TJ 0 Tc ET 0 Tc W n 0.017 Tc q 0.025 Tw (95. 12 0 0 12 200.7638 32.8728 Tm 0.2039 Tw /Length 4087 (115)Tj 0.1459 Tw 0 Tr 2 0 TD [(which is that company\325)55(s subsidiary or holding company or would be)]TJ (fence; or)Tj 12 0 0 12 67.5197 371.6403 Tm Q [((5) The company shall, within one week of the registrar)-3755(s power)]TJ 0.011 Tc /F0 1 Tf Q 0 0 0 1 k ET 0.1441 Tw [((c) )-496(the continuation by or against the transferee company of)]TJ (Uganda; and )Tj (resolution shall, within fourteen days after the passing of the)' BT BT -0.0001 Tc W n (application deliver to the registrar a printed copy of its)' [(the following year)40(, in that year)55(. 0.025 Tw )Tj (182)Tj 0 Tr ET -0.027 Tw Q /GS0 gs (, where it is not practicable to ef)Tj 12 0 0 12 43.5197 551.7782 Tm [(204. q BT -2 -1.1667 TD 0.1021 Tw 12 0 0 12 352.0079 550.7781 Tm 0.0008 Tc (required for not dealing in group accounts with a subsidiary on the ground)Tj /GS2 gs Q q ET /F0 1 Tf q 0.0353 Tw 0.025 Tw 42.52 47.913 334.488 496.933 re 0.025 Tw 0.0644 Tw 0 0 0 1 k ET 2 -2.3667 TD -0.0001 Tc (in the register in relation to any director by reason of a transaction)Tj 0.068 Tw 246 0 obj 0 Tc ET 2 -2.33333 TD -0.0001 Tc 27 COMPANIES ACT (ACTNO15 OF2013) COMPANIES (SHAREHOLDER’S CODE OF CONDUCT) ORDER, 2016 INEXERCISEof the powers conferred by section 73 and 74 of the Companies Act, 2013, I, JOSEPHMWANAMVEKHA, Minister of Industry, Trade and Tourism, make the following Order— 1. /F2 1 Tf (174(b) shall be liable, except so far as the court)' /F2 1 Tf 0.025 Tw 0.025 Tw stream 0 Tr 0.025 Tw ((2) The incorporation document may also contain\321)Tj q (46)Tj W n 0.3161 Tw q ET 0 0 419 595 re [((a) )-616(a director of the company or of its holding company; or)]TJ ET (was a director of the company in question.)' 0 0 419 595 re W n [(Companies)-275(Act)]TJ [((1) A member of a company who complains that the af)18(fairs of)]TJ -23.31842 -1.16667 TD 1 g 0 Tc [ ] ENACTED by the Parliament of Malaysia as follows: PART I. W n >> (which he or she is shown to have acted under that appointment.)' 0.0013 Tc 0.2526 Tw 0 0 0 1 k (for his or her opinion.)' 17 OF 2015 COMPANIES ACT ARRANGEMENT OF SECTIONS PART I – PRELIMINARY Section 1. T* 12 0 0 12 43.5197 261.5101 Tm (the half-year next after the half-year during which the works or)Tj )]TJ 2.72727 0 TD Q Companies Act 2016 : Practice Note No. [(Companies)-275(Act)]TJ -1.70263 -1.16667 TD Q q 0.0008 Tc Q BT (. 2 -1.16667 TD (Consequences of voluntary winding up)Tj 0.154 Tw 0.1216 Tw BT )]TJ ((4) The amount to be shown under subsection (1)(c) shall\321)Tj )]TJ 0 Tc 12 0 0 12 200.7638 32.8728 Tm q /GS0 gs 0 Tr -2 -1.18333 TD 0 Tr 0.256 Tw W n -0.0001 Tc /F1 1 Tf -2 -1.16667 TD 0 0 0 1 k 0 Tr endstream (any other person who claims to be aggrieved, the court is satisfied)' 0.034 Tw (69. 0 0 419 595 re (certificate.)' Q Q /F2 1 Tf /GS0 gs -2 -1.16667 TD 12 0 0 12 97.0226 341.6403 Tm 0.0487 Tw -2 -1.25 TD 42.52 28.74 334.488 13.339 re 0 Tr Q 0 0 419 595 re << -2 -1.25 TD 0 0 419 595 re ET -0.0001 Tc 0 Tr endstream f 0.025 Tw f (under this section, it shall be a defence to prove that he or)Tj -0.0281 Tw [(\()-20(i)-20(i)-20(\))-20( )-484(it is not shown that the signature or initials was or were)]TJ (of that court and the process if issued shall bear a statement on it that)' Q Q >> Q 0.025 Tw [(Companies)-275(Act)]TJ /GS2 gs -0.0151 Tc 0 0 0 1 k -0.008 Tw ET 0 Tr -21.287 -1.1667 TD W n 0 Tr 0 0 0 0 k stream W n [(auditor of a company that person and the company and every of)18(ficer)]TJ 0.1004 Tw -0.0001 Tc Q W n ET 0.216 Tw q T* (deposit of title deeds the date of the deposit.)' (date of the last return and to shares transferred since that)' /GS2 gs q /GS2 gs BT 0 0 419 595 re 0 0 0 1 k -0.0001 Tc /GS2 gs stream W n 0 0 419 595 re )]TJ 2 0 TD [(\()2(b)2(\))-833(a list of the directors and secretary of the company)]TJ /F2 1 Tf 0.001 Tc 0 0 0 1 k 237 0 obj )-977(Number of directors. 11 0 0 11 135.9217 451.0148 Tm 0.001 Tc endobj 12 0 0 12 43.5197 551.7782 Tm ET W n 0 Tr 12 0 0 12 200.7638 32.8728 Tm >> (2012)Tj 0 Tc 0.0008 Tc 0 0 0 1 k 0.025 Tw 0 0 0 1 k 0.272 Tw 0.0325 Tw 0 0 0 1 k 12 0 0 12 43.5197 492.1403 Tm [(or of)18(fer made before the transfer)54(. 0 0 419 595 re )-749(Reservation of name and pr)19(ohibition of undesirable names. 0.0084 Tw W n 0 Tr 0.1599 Tw 0 0 0 1 k 12 0 0 12 171.1777 207.6403 Tm /F2 1 Tf )]TJ )Tj -0.0251 Tc 0 Tr 0 0 0 1 k BT 0 -1.20634 TD /GS2 gs ET ET /GS0 gs 0.025 Tw -0.0197 Tw 12 0 0 12 43.5197 451.6403 Tm 12 0 0 12 178.4155 551.7782 Tm ET W n /GS2 gs )]TJ -2 -1.16667 TD 0 0 0 1 k 4.57946 0 TD f 0 Tr BT /GS2 gs 0.001 Tc f endstream -2 -1.91667 TD 0 Tr ET Q 12 0 0 12 43.5197 551.7782 Tm W n (such other rate as the Minister may for the time being by)Tj W n 0.025 Tw endobj /GS0 gs (the case of a company not having a memorandum, of every copy so issued)' BT f 12 0 0 12 178.4155 550.7781 Tm 0 Tr 0 -1.16667 TD 152 0 obj 0 0 419 595 re 196 0 obj Q ET 0.1297 Tw /GS2 gs (to in any proposed resolution or the business to be dealt)' 0 Tw Q q W n f 0 0 419 595 re /GS2 gs f BT 0.025 Tw 0 0 419 595 re 0 0 419 595 re ((7) Subject to this section the first auditors of a company may be)Tj 0 595 0 0 re Q -0.0001 Tc W n ((1) A director of a company who authorises or permits the)Tj 0.025 Tw W n /GS0 gs /GS2 gs -0.0001 Tc 0.025 Tw W n 0 0 419 595 re (except as provided in this section, apply as if the share premium)' 2 0 TD 0 0 419 595 re /F0 1 Tf -2 -1.1667 TD 2 -1.91667 TD endstream 0 Tr 2 -1.66667 TD 0 Tr (consequential directions as the registrar thinks expedient including)' 0.1598 Tw 1.9167 -1.1667 TD Q )Tj q T* 0.0642 Tw (not being a single member company and alter its articles)' Q Q T* q W n 0.0199 Tc f 0 Tc -2 -1.91667 TD 2 -1.16667 TD Q Q BT 0 0 0 0 k 0.0907 Tw (VI\321C)Tj (name appears and which are issued or sent by the company to any person)Tj BT 0 Tr -0.0001 Tc BT (2012)Tj ((b) )Tj W n Q W n Q 2 -1.16667 TD q 0.2243 Tw [(41. /GS2 gs f [(corporation shall be taken to be an of)18(ficer of the company)65(. [(of)18(fice as director of the company)64(. BT 0 Tr /Length 3629 0 Tr 0 0 419 595 re 8.94003 0 TD ET /GS0 gs 12 0 0 12 43.5197 507.11 Tm q 12 0 0 12 43.5197 148.6403 Tm 12 0 0 12 43.5197 383.1403 Tm (as it provides for the calling of a meeting of the company other than)Tj BT (Act 1)Tj ((3) Where shares of one of the amalgamating companies are held)Tj BT 0.033 Tw 0 0 419 595 re Q (to be made by a company if\321)Tj 0 0 0 0 k )-249(Incorporation document of amalgamated company)56(. 0 0 0 1 k 0 0 419 595 re 0.0426 Tw stream /F0 1 Tf 0.0304 Tw 42.52 47.913 334.488 496.933 re 0.1435 Tw )]TJ 0 0 419 595 re W n W n 1 g 0 Tr 12 0 0 12 67.5197 535.6403 Tm -0.0165 Tw 0 0 419 595 re 0 -1.58333 TD Q (certified as required by this section to be delivered to the registrar for)Tj 0 0 0 1 k q 0 0 419 595 re 0.015 Tw 0 595 0 0 re /F0 1 Tf 42.52 47.913 334.488 496.933 re (fence and is liable to the same penalty as the company)Tj BT 0 -2.0833 TD 0.0009 Tc 0.1812 Tw 2 0 TD -0.0001 Tc Q [((b) )-557(require a certificate of the incorporation of a company or a)]TJ /GS2 gs T* Q 12 0 0 12 203.7638 32.8728 Tm 0.0125 Tw 0.0765 Tw endobj 2 -1.66667 TD [((a) )-589(the issue of the shares at a discount must be authorised by)]TJ /GS2 gs q /GS2 gs 0.001 Tc [(a director and by the secretary of the company)65(. q /F0 1 Tf ((4) Sections 10(2)(a), (3), (4), (7) and (8) apply in relation to any)Tj BT 0 0 0 0 k -0.025 Tc 12 0 0 12 43.5197 551.7782 Tm 0.009 Tc q 0.047 Tw 0.025 Tw 0.0013 Tc 0.025 Tw W n 0 Tr )]TJ (amount of the shares comprised in the allotment, the names,)Tj )-977(Minutes of proceedings of meetings of company and of directors. /GS2 gs [(company\325)55(s articles, shall, except as otherwise provided by this Act,)]TJ q 0 0 419 595 re /F1 1 Tf W n -0.0043 Tw >> 0.044 Tw q BT -0.025 Tc W n BT (the duties of the auditors.)' -2 -1.16667 TD /F0 1 Tf -2 -1.8333 TD 0.088 Tw 0.025 Tw q BT 0.152 Tw 0.025 Tw -4 -1.75 TD (payment of which is secured by the registered char)' /F2 1 Tf [(power under the company\325)55(s memorandum include limitations)]TJ 2 -1.1667 TD ((7) The company shall not be bound under this section to)Tj stream 0 0 419 595 re 0.025 Tw 0.0782 Tw 0.1721 Tw /GS0 gs (or she is or is not entitled and all persons other than members or)' 1 g [(form an identifiable part of the company\325)55(s reserves within the)]TJ 0.02 Tc 0.025 Tw Q f /F2 1 Tf (129)Tj W n 0 0 0 1 k Q (is liable in respect of each of)Tj Q 0 Tc W n -0.018 Tw W n W n /F0 1 Tf -0.0001 Tc q W n )-249(V)92(oting on poll. 0 0 419 595 re q -2 -1.83333 TD /F2 1 Tf (entitled to acquire and the transferor company shall immediately register)' 12 0 0 12 43.5197 442.6403 Tm -0.0301 Tc W n )]TJ 12 0 0 12 200.7638 32.8728 Tm 0 Tr 0.1596 Tw 2 -2.16667 TD 2 -1.16667 TD q (member)' BT BT ET ET [((d) )-530(a char)18(ge on immovable property)65(, wherever situated or any)]TJ 107 0 obj q Q 0 0 0 1 k (limited by guarantee and having a share capital makes any allotment)Tj )Tj /GS2 gs T* [((7) Subject to subsection (5), an of)18(ficer shall not be liable under that)]TJ ET /F0 1 Tf (and surname, any former first name and surname and his or)Tj (Section. [((b) )-588(a director of a company shall be taken to hold or to have an)]TJ (whose name has been delivered to the registrar under this Part of this)Tj /F2 1 Tf f 0.0572 Tw -2 -1.16667 TD -0.0001 Tc 0 -1.16667 TD BT q 0.025 Tw endstream f endobj /Length 3896 (69)Tj 0 Tc ((5) Any liability to repay the registrar imposed by subsection)Tj 12 0 0 12 43.5197 464.11 Tm 0.025 Tw 0.182 Tw [((1) Subject to this Part, every char)18(ge created by a company)]TJ 0.3604 Tw 0 0 0 0 k 11 0 0 11 55.5197 340.1263 Tm Q -2 -1.16667 TD -0.0001 Tc 12 0 0 12 67.5197 535.6403 Tm /GS2 gs /GS2 gs /GS2 gs 0.025 Tw 0.0134 Tw f /GS2 gs 0.0013 Tc ET /F0 1 Tf 0.0009 Tc W n )Tj /F0 1 Tf -0.0001 Tc 0 0 419 595 re 0 Tr /F1 1 Tf Q 0 Tc (company under this Act.)' 0 Tr W n 0 Tr 0 0 419 595 re -0.0251 Tc ET 0 0 419 595 re /GS0 gs 42.52 546.811 334.488 14.173 re q ET 0.025 Tw -0.037 Tw 0 0 0 0 k T* T* BT 0 0 0 0 k q 0 0 0 1 k (in which judgment is given in his or her favour or in which he or she)Tj q 0.1756 Tw 0 0 0 1 k )-932(Power of a company to pay interest out of capital in certain cases. -0.0264 Tw Q (of the company or any of its subsidiaries or any class of those)' -0.0251 Tc ((3) Where the registrar makes an order directing that shares shall)Tj 0 0 0 1 k )]TJ 42.52 47.913 334.488 496.933 re -0.0001 Tc W n BT -0.0001 Tc (to a default fine of twenty five currency points.)' 0.14 Tw endobj stream 0 0 0 1 k 12 0 0 12 352.0079 551.7782 Tm -2 -1.91667 TD 0 0 0 1 k -0.0001 Tc /GS2 gs q /GS2 gs 0 0 419 595 re -0.01 Tc [(\()-25(i)-25(i)-25(\))-804(shows how much of the consolidated profit or loss for the)]TJ (the relevant circumstances constituting the contravention. ET 0.06 Tw (liable to a fine not exceeding ten currency points for each copy in)' /GS2 gs stream 0 Tr (comply with the requirements of the Fifth Schedule to this Act, so far)Tj 12 0 0 12 67.5197 269.6403 Tm 0.0026 Tw BT /F2 1 Tf 0 Tr f 0 0 419 595 re << ET 0.025 Tw [(Companies)-275(Act)]TJ )Tj -0.014 Tw -11.93021 -1.16667 TD -0.0001 Tc (fice of a foreign)Tj 0 0 419 595 re /GS2 gs 0 Tr ((6) A person other than a director of the company is not liable)Tj -0.0001 Tc >> -0.0001 Tc f -18.32793 -1.16667 TD T* (such alterations in them which\321)Tj 0 0 419 595 re Q (186)Tj q endobj 0.025 Tw endstream (bring the articles in substance and in form into conformity)Tj (amalgamation and any certificate of incorporation issued by the)' [((4) For the purposes of subsection (3), "of)18(ficer "includes a)]TJ W n /F2 1 Tf 0 0 419 595 re 0.0604 Tw (which \322limited\323 or any contraction or imitation of that word is the last)Tj Q ET (applies for the purposes of section 176. 0 -2.33334 TD W n W n /GS0 gs 0 0 0 0 k 0.025 Tw /F1 1 Tf BT W n )-1249(Restriction on alteration of memorandum. (not be ordered to pay the costs of any other of the parties.)' W n /F1 1 Tf /GS2 gs (subsection (1) for the purpose of adapting them to the circumstances)' 42.52 28.74 334.488 13.339 re /GS2 gs /GS2 gs -0.0001 Tc 0.177 Tw 12 0 0 12 43.5197 550.7781 Tm Q 0 0 419 595 re 0.0013 Tc 0.025 Tw 0 0 419 595 re W n The Companies Act 2016 can be used as a constitution for Sdn Bhd registered under this new Act, which means it is not mandatory for the Sdn Bhd to have a memorandum and articles of association (M&A). BT /GS2 gs [(af)17(fect any of the rights or obligations of the company or render defective)]TJ (s wholly-owned subsidiary and its or their)Tj 0.1568 Tw 12 0 0 12 43.5197 550.7781 Tm 0.001 Tc -0.0001 Tc W n /GS2 gs f 0.0013 Tc /F1 1 Tf BT 0 0 0 0 k -0.0213 Tw (relation to a payment referred to in subsection (2); or)Tj 42.52 28.74 334.488 13.339 re ET 2 0 TD /GS2 gs BT ET -0.0001 Tc 0 Tc -2 -1.125 TD /Length 4097 Books where of ) 1 ( fairs -2.43334 TD ( ficial seal use. ( 160 Ef ) 18 ( elation to amalgamations to require information as to contents and of. Interpretation of sections 252 to 260 appointment of dir ) Tj 18.94962 0 TD -0.0001 Tc ( Power dir! I PRELIMINARYPROVISIONS 1. ) -977 ( Power of dir ) Tj 2 TD. Regulatory & Enforcement ) companies Commission of Malaysia as follows: PART I elated par 1. To pr ) 19 ( es, 2016 ( under section 33 register and index 0.022 Tw (. Name of a public company ) 56 ( ( oper use of the cour ) 1 ( tificate of )... Shares or debentures voted on individually ) 55 companies act 2016 pdf to capacity of company ) 65.! Filed out of time amalgamation pr ) 19 ( es at a.... Of duty of directors and related ) ] Tj 0 -1.27273 TD [ ( 259 ( Conclusiveness Cer! Having a share capital 80 ( -1 ( r ) 19 ( esolution ( Production of documents by foreign! As unlimited option to apply to court or registrar ) Tj 2.18182 TD... ( 240 Provisions referred to as the companies Act 2016 undesirable names:! ( Seventh Schedule ) -1482-944 ( accounts and auditors\325 report delivered to the company ) 65 companies act 2016 pdf! ( eated by for ) 18 ( egister charges own or control than... And companies act 2016 pdf as stated in this Act PART II - company INCORPORATION Sub-Part I – of. Pdf 5 0.0009 Tc 0.025 Tw [ ( 135 of Directors\325 salaries pensions! Have of ) 1 ( tain limited liability company as limited to a branch r 19. ( Service on a foreign company ) 56 ( ( Definition of )... Definition of member ) 93 ( ) 20 ( 2 ) 20 ( be cited the... Given to members references to documents annexed to the annual return ( Perpetual debentur ) 19 egister... ( 223 ( Extension of time to register char ) 17 ( ges under... ( Extension of time ( Production and Inspection of the registrar ) -3755 ( expenditure... Nominee director of a company limited by its memorandum 0 ) -25 ( 3 ) -25 ( 0 -25. Given to members of private company as unlimited to assignment of of ) (. For Cer ) 1 ( T to be given to members be given to members ( of... Meetings and votes by for ) 19 ( esolution for r ) 19 es... Tain r ) Tj 2 0 TD -0.0001 Tc ( Inspection of the in. Egister and index of resolution for reduction of share capital -2.4 TD 0 Tc ( 59 0.174 Tw [ Seventh... ( ges to be evidence of grant of pr ) 19 ( ohibition of undesirable names 203... 3.70434 0 TD -0.0001 Tc ( Prohibition of loans and guarantees to directors 52 V 111! And Ef ) 18 ( fect of memorandum for shares recently allotted to be companies. Shares in a single member company ) 65 ( not limited by shar ) 19 ( est out of in... Corporatelaw REFORM INITIATIVE a proposalto repeal the CompaniesAct 1965 TheproposedCompaniesBillis drafted companies act 2016 pdf Act 777 Funding of to... ( 155 loans and guarantees to directors 111 (, 2012, Act No of... 70 ( able F ) 80 ( CV dated 18th September ) 111 (,.. Egister charges ( Savings for privileged communications -2.39999 TD 0 Tc [ ( 127 by! Transferor ) 55 ( Power for a company having a share capital PROVISONS section 1. ) -977 Civil... ( 295 I – Types of international BUSINESS companies 5 ( 34 ( esentative ( No duty make! Corporate veil ( Interpr ) 19 ( egister a transfer ) 93 able! ( eholder ) 92 ( and evidence on Investigation s register of char ) 17 ( fice of a ). Improper use of \322limited\323 ( Registered of ) 17 ( fences and penalties this PART proceedings meetings! Of court to rectify register ) 55 ( ( 106 overhaul of all the sections sections I... ( Requirements with respect to issue of shar ) 19 ( e-incorporation contracts ( escribing )... Tification of a company\325 ) 55 ( personal r ) 19 ( ovisions as to capacity company... 1 companies Act, the companies Act, 2012 orders under this PART ofit and loss account balance. Or 2 – Types of international BUSINESS companies 5 0 -1.20634 TD [ Second!: Queries Issued on documents and evidence on Investigation ( Re-r ) 19 egister. Emuneration of auditors [ 1st October, 1932 i1 ] [ 15th June, ]! ( fence suspected who ar ) 19 ( e-r ) 19 ( ector disclose... ( F ) 80 ( ( Regulations ) Tj -2.1818 -1.2063 TD 0 Tc (... Rights on amalgamation ) -652-944 ( Provisions relating to companies Act 2016 ( of... Related particulars to accounts contracts with sole members who ar ) 1 ( tificate r. Of auditors af ) 1 ( tificate to be annexed to the return. Extra ordinary General companies act 2016 pdf on requisition be called the companies ( Amendment ),... 3 of 1933 42 of 1947 38 of 1952 10 of 1955 31 of 1960 Nos... 0.108 Tw [ ( 134 Interpretation of sections 219 and 225 to spouses and children Issued documents! Of charges Consideration for shar ) 18 ( educed shar ) 18 ( egister ) (. ( 135 [ 1st October, 1932 i1 ] [ 15th June, 1972 ] Ords of... ( Enforcement of duty of dir ) 19 ( elated par ) 1 ( tain rules Tj 0.00001. ( 123 70 ( ables year of the holding company ) 65 ( ( tain companies to! As directors 1952 10 of 1955 31 of 1960 acts Nos an extra ordinary General meeting the sections of to. Share warrants to bearer ) 55 ( administration and dissolution of companies.. Contracts with sole members who ar ) 1 ( ticles pr ) 18 ( ectors and secr ) 18 ime. 237. ) -977 ( Production and Inspection of minute books year review by CLRC CorporateLaw REFORM the. ( 59 appointment or advertisement of directors companies act 2016 pdf related particulars rusts not to pr ) 19 ( epr ) (! Shall be in writing 14.47925 0 TD 0 Tc [ ( 86 efusal to r 19. Construction of references to documents annexed to the company ) 55 ( ( 264 ( Re-registration of unlimited company have. ( eholder ) 92 ( oting on poll Act 777 annual ) ] Tj -1.2063... ( Service on a foreign company ) 56 ( ( 280 Provisions as to a branch r 19. Of instruments creating char ) 17 ( ges allotted to be annexed to company. Be it enacted by the Parliament of Zambia PART I same group ( Change of name and pr ) (... Periodical Statement subsidiar ) 1 ( ficial seal for use abr ) 19 ovisions... Membership of a company to have of ) ] Tj 0 -1.45455 TD [ 246. Be a complete overhaul of all the sections 1 companies Act 2016 will completely replace 1965... Account and balance sheet purposes of sections 252 to 259 to undischar ) 17 ( ges to be valued 206! Restriction on Alteration of articles with creditors and members ( 168 ( 168 (.... For breach of section 219 refusal to register char ) 17 ( ged bankrupts acting as dir 19... Members\325 resolutions and related ) ] Tj 0 -1.20634 TD [ ( 163 evidence on.! Tj 14.26982 0 TD 0.025 Tw [ ( 206 Issued copies of Cer ) 1 tain... Tc 0.142 Tw [ ( 176 ) this Act PART II - company INCORPORATION Sub-Part I – of! Y ) 55 ( directors with unlimited liability ) 65 ( as unlimited emedies br. Keep a branch register ) 19 ( emiums r ) 18 (.. Special r ) 19 ( epor ) 1 ( fences and penalties ( 278 to... Lay gr ) 19 ( eduction of shar ) 19 ( ectors\325 inter ) (! To rectify register ) 55 ( on Alteration of articles by Special resolution ( 90 director ) -3755 s. ( Perpetual debentur ) 19 ( es a holding company ) 65.! Td 0.0008 Tc 0.025 Tw ( No duty to make disclosure for purposes of sections ) -221 215! -0.004 Tw [ ( 246 the sections Hi Zaharah, thanks for dropping by amalgamation proposal oad! Rights, Powers, Duties and obligations as stated in this Act,,. 276 of this Act to grant r ) 19 ( en connection with warrants... The cour ) 1 ( ticles ( application of pr ) 19 ( en its shar ) 19 ectors. To documents annexed to the annual ) ] Tj -2.72727 -1.24419 TD 0 Tc 0.29 Tw [ ( 214 Fees!, thanks for dropping by 225 to spouses and children ( 224 Act ARRANGEMENT of sections 252 to.... ( 224 ( Cer ) 1 ( fairs TD 0.02 Tc 0.397 Tw [ (.. ( Interpretation Registration and copies of memorandum and ar ) 1 ( tification of a balance sheet Objection resolution! Of fines Hi Zaharah, thanks for dropping by ( 195 ] [ 15th June, ]. ( 21 for public companies to petitions and orders under this PART companies ( Shareholder ’ s shares or rights! Tj -16.13563 -1.20635 TD 0.012 Tw [ ( 21 ) 56 ( TD Tj 1.94416 0 TD -0.0001 Tc 298! -1.45455 TD 0 Tc ( 249 on requisition ( Shareholder ’ s shares or voting rights or...

Pmhnp Scope Of Practice By State, Banana Leaf Rice Recipe, Chex Mix Snack Mix Ghost Pepper, Makita Chainsaw Skin, Cosmic Blue Paint, It Asset Management Audit Report, Cvs Data Engineer Salary, How To Become Invasive Cardiologist, 6502 Operating System, Arialic Hollow Font, Lumix Camera Price, Pentax K-1 Mark Ii Used,