PAGE Liquidators, Appointment of official liquidators Who may be appointed Resignation of liquidator. Appointment of solicitor to official liquidator Appointment in voluntary winding up When appointment made. 168, 217 Power of Company to delegate authority to appoint liqui- dators Joint liquidators Powers of Power to fill up vacancy in liquidators Power of Court to appoint liquidators in voluntary winding up Position of directors on appointment of liquidator Appointment in winding up under supervision Power of Court to remove liquidator What justifies removal Remuneration of liquidators in winding up by or under supervision of Court in voluntary winding up Remuneration of committee of advice . Powers of liquidator to carry on business Sale of assets No limit to what can be sold Power of assignee to sue Compromise claims 168 168 168 218 218 168, 223 169 169, 223 may apply to Court to settle disputes in voluntary wind- Power of liquidator in voluntary winding up to call general Personal liability of liquidator for expenses of action raised by him Costs of winding up Recovery of calls. See Calls on Shareholders: see also Con- Lost certificate of incorporation Definition of Liability of. See Liability of Members. Register of. See Register of Members. Memoranda issued by Registrar of Joint Stock Companies . Seven persons must sign it Attestation of signatures may be wholly written, printed, lithographed, or engraved Number of shares for which signatories must subscribe Who may sign Married women Minors Foreigners. Mandatories or agents What constitutes valid signature Liability to pay for shares subscribed for in Memorandum What is to be specified in Memorandum 209 201 9 9 10 10 10 10 10 10 11 11 11, 206 Memorandum of Association, Registration of Memorandum Stamp duty on Copy of Memorandum to be given to members Alteration of Memorandum. See Alteration of Memorandum. PAGE 22, 208 22 22 208 243 10 109 214 129, 212 129, 273 106 11 NAME of Company to be stated in Memorandum Nor with name identical with or resembling Company already Remedy of unregistered Company whose name is taken by Cases where interdict refused New Company may take name of Company in course of liquida- tion Publication of name of Company Penalty for non-publication "Limited' must appear as last word in Company name, except in Companies formed not for gain or unlimited Effect of non-compliance with regulations OBJECTS of Company Provisions of Act of 1862 with regard to cannot be altered except to extent provided by Statute Company may do whatever is fairly incidental to purposes for Office, Registered Company must have Full postal address need not be given in Memorandum 12 12, 208 223 12 211 211 13 13 141 207 16 142 103 110 113 66 43, 214 214 214 158 14 14 14 14 15 13, 211 13 13 Poll, Procedure when, is demanded PAGE Office, Registered, Notice of situation of, to be sent to Registrar 14, 211 Officials of Company. See Directors, Managing Director, Secretary, Auditors, Law Agent, Bankers. Power of Court to assess damages against delinquent . Ordinary resolutions of Company PARTNERSHIP, Principles of law of . Difference between, and Joint Stock Companies Prohibition of partnerships exceeding certain number. Past members, Liability of placed on "B" List of Contributories. Preliminary expenses of debts of Company Penalties, Recovery of Perjury, Penalty of. Pledge of uncalled capital Preference, Fraudulent 14 227 2 6, 206 211 176 149 78 214 214 227 126 107 180 Preference shares 16 Accumulated, may be returned to shareholders in reduction of Promissory notes, Signing of, on behalf of Company Promoters, Who are 258 258 258 122, 212 29 Liability of 29, 30 Secret commissions received by, must be paid to Company Prospectus 33 Object of 33 Act of 1900 with regard to Liability for statements in prospectus . Remedy of persons who buy shares on representations in prospectus which are untrue. Rescission of contract What shareholder must prove 34, 271 264 34 35 36 Action must be taken timeously 36 Proxy. See Meetings of Company. Purchaser entitled to accruing benefit from shares bought. QUALIFICATION of director. See Director. Quorum, Unless otherwise provided, directors cannot act by a RANKING of claims in liquidation Rates and Taxes, Preferential claim for, in liquidations How accomplished By special Act of Parliament Reconstruction under sec. 161 of Act of 1862 Two special resolutions necessary What to be stated in circular calling meeting Sale in consideration of shares in new Company Price to be paid dissentient shareholder Position of creditors of transferring Company How accomplished Creditors of Company Meeting of creditors Creditors may vote by proxy What majority required Proxy forms Proceedings reported to Court Reconstruction without winding up Rectification of register. See Register of Members. Reduction of capital How capital may be reduced of Company limited by guarantee Register of directors to be kept and sent to Registrar Penalty on Company not keeping register Register of members must be kept by every incorporated Company. as evidence Penalty on Company not keeping proper register only evidence by which member's right to vote PAGE 37 37 96 58 86 104 |