185. Removal Ofdefunct Companies

• Author: Ralph Hone
• Pages: #4

CHAPTER 185.

REMOVAL OF DEFUNCT COMPANIES.

AN ACT FOR THE REMOVAL OF DEFUNCT COMPANIES FROM THE REGISTER OF COMPANIES.

[6th May 1926.] 1. This Act may be cited as The Removal of Defunct Companies Act.

2. Where the Registrar General has reasonable cause to believe that a company is not carrying on business or in operation, he may strike the company off the register, and the company will thereupon be dissolved.

3. Where a company is being wound up, and the Registrar General has reasonable cause to believe either that no liquidator is acting, or that the affairs of the company are fully wound up, he may strike the company off the register, and the company will thereupon be dissolved.

4. -(1) The Registrar General shall immediately publish in the Gazette a notice to the effect that the company in question has been struck off the register, the date on which it has been struck off and the reason therefor.

   (2) Such notice shall be published in six successive publications of the Gazette.

5. If a company or any member or creditor thereof feels aggrieved by the company having been struck off the register in accordance with the provisions of this Act, the Supreme Court, on the application of the company or any member or creditor thereof within six months of the date on which the company was so struck off, may, if satisfied that the company was at the time of Vhe striking off thereof carrying -on business or in operation, or otherwise that it is just that the company be restored to the register, order the name of the 31 of 1926.

   Short title.

   Company not operating may be struck off register.

   Company being wound up may be struck off register if no liquidator appointed or affairs fully wound up.

   Registrar General to publish fact of company being struck off register.

   Company, creditor or member may apply to Supreme Court for company to be reinstated.

   Liability of members of company to remain.

   Registrar General not...