Companies act 1985 amendments relating to the drawing up. Enforcement of duty on companies to make return to registrar 17. Subject to the provisions of this act, the memorandum and articles, when registered, bind the company and its members to the same extent as if they respectively had been signed and sealed by each member, and contained covenants on the part of each member to observe all the provisions of the memorandum and articles lord greene mr said of this. Legislation online pacific islands legal information institute paclii pdf consulted on 20111007 abstractcitation. New companies ordinance table of origin companies registry. Incorporation of companies and matters incidental thereto 3. Reforms the law relating to companies and repeals the companies act chapter 146. In this opinion i will refer to the provisions now in force but my conclusions are the same in relation to the former provisions of the companies act 1985 as. Prentice introduction this article will examine sections 459461 of the companies act 1985 which unquestionably provide the principal remedy for minority shareholder oppression. Companies and allied matters act arrangement of sections part a companies part i corporate affairs commission section 1. Companies act 1955 continues to apply for limited purposes. Provisions supplementing definition of holding company in section 3.
Companies reregistered with altered status under former companies acts. Law 38 of 1985 19th december, 1985 law 16 of 201111th april, 2011 law 24 of 198717th november, 1987 law 29 of 201118th november, 2011. The danger is that companies will be run exclusively in the interests of the controlling shareholders, and that the interests of the minority shareholders will be ignored, or at least not fully recognised. Companies act 2021 revision arrangement of sections c. Companies amendment act 29 of 1985 companies amendment act 31 of 1986 building societies act 82 of 1986 transfer of powers and duties of the state president act 97 of. The companies acts 1985 to 1989 company limited by guarantee.
K to establish and maintain or procure the establishment and maintenance of any noncontributory or contributory pension or superannuation funds for the benefit of, and give or procure the giving of donations, gratuities, pensions. Law 38 of 1985 19th december, 1985 law 16 of 201111th april, 2011 law 24 of 198717th november, 1987 law 29 of 201118th november, 2011 law 14 of 19889th september, 1988 order of 201110th january, 2012. Companies amendment act 29 of 1985 companies amendment act 31 of 1986 building societies act 82 of 1986 transfer of powers and duties of the state president act 97 of 1986. The regulations in table a in the fourth schedule to the companies act, 1965 shall not apply to the company except in so far as the same are repeated or contained in these articles. An act to reform company law and restate the greater part of the enactments relating to companies. The appointment of a special director referred to in subsection 4 shall be valid and effective notwithstanding anything to the contrary, contained in the companies act, 1956 1 of 1956, or in any other law for the time being in force or in the memorandum and articles of association or any other instrument relating to the industrial company. There are outstanding changes not yet made by the legislation.
Act 2006 as a destination of a provision of the companies act 1985 if the latter. A in these articles the following words and expressions have the following meanings. The companies acts 1985 to 2006 public company limited by shares articles of association of horizonte minerals plc as adopted by special resolution passed on 29 march 2011 preliminary 1. Companies act 1985 amendments relating to the drawing up of. The sick industrial companies special provisions act, 1985. Any changes that have already been made by the team appear in the content and are referenced with annotations. Companies act with its variations is a stock short title used for legislation in botswana, hong kong, india, kenya, malaysia, new zealand, south africa and the united kingdom in relation to company law.
An act to consolidate the greater part of the companies acts 11 march 1985. The name of the company hereinafter called the company is breast cancer care. Definitions of group companies in commercial contracts. Act subject to application of cape town convention and aircraft protocol. These regulations will apply to financial years beginning on or after 1 january 2005. The bill for an act with this short title will usually have been known as a companies bill during its passage through parliament companies acts may be a generic name either for legislation. It has largely been superseded by the companies act 2006. The companies act was introduced in parliament during 2008 and published for general. Juridical status and membership chapter i company formation memorandum of association 1. It has largely been superseded by the companies act 2006 the act was a consolidation of various other pieces of company. Companies act 1985 an act to consolidate the greater part of the companies acts 11 march 1985 part i formation and registration of companies.
State will make the companies act 1985 international accounting standards and other accounting amendments regulations 2004 to implement these changes fo r british companies through amendments to the 1985 act. For sections 226 and 227 of the 1985 act duty to prepare. Companies restored to register or that have ceased to be in liquidation may be reregistered. The companies acts 1985 to 1989 company limited by. References to companies incorporated under companies act. The companies act 1985 company limited by shares memorandum of association of provident financial plc incorporating amendments as at 16 may 2007 name. The companies acts 1948 to 1980 was the collective title of the companies act 1948, parts i and iii of the companies act 1967, the companies floating charges and receivers scotland act 1972, section 9 of the european communities act 1972, sections 1 to 4 of the stock exchange completion of bargains act 1976, section 9 of the insolvency. The companies act chapter 388 of the laws of zambia chapter 388 the companies act the companies act arrangement of sections part i preliminary section 1. The companies act 1985 international accounting standards and other accounting amendments regulations 2004. References to companies incorporated under companies act 1955. Nov 29, 2005 sections 459461 of the companies act 1985 are at the forefront of the remedies available to protect minority shareholders from oppression. Model articles of association for limited companies gov.
There is no entry for schedule 24 to the companies act 1985 punishment of offences in. Companies act chapter 486 revised edition 2012 2010 published by the national council for law reporting with the authority of the attorneygeneral. This article will examine sections 459461 of the companies act 1985 which unquestionably provide the principal remedy for minority shareholder oppression. For guidance, the developers looked to south african company law for the 21st century. Companies act 1985 practical law primary source 25055086 approx. The ultimate goal in repealing the companies act, no. Prohibition of large partnerships part ii incorporation and.
Companies act 1993 no 105 as at 30 january 2021, public. Part xxii bodies corporate subject, or becoming subject, to this act otherwise than by original formation under part i chapter i companies formed or registered under former companies acts. The name of the company is provident financial plc. Carnarvon banana industry compensation trust fund act 1961. The companies act 1985 international accounting standards. Chapter ii companies not formed under companies legislation, but authorised to register. The companies act, 20 has for the first time recognized the concept of key managerial personnel. Offences by directors of companies required to have financial statements audited. Be it enacted by the parliament of the democratic socialist republic of sri lanka as follows. Companies formed and registered under former companies acts.
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