ARRANGEMENT OF SECTIONS
Section
PART I
SHORT TITLE AND INTERPRETATION
1 Short Title
2 Interpretation
Section
PART II
CONSTITUTION OF COMPANIES
3 Incorporation
4 Restrictions on Incorporation
5 Requirements of International Business Companies
6 Effect of failure to satisfy requirements of Section 5
7 Personal Liability
8 Business objects or purposes
9 Powers
10 Validity of acts of Company
11 Name
12 Memorandum
13 Articles
14 Registration
15 Certificate of Incorporation
16 Amendment of Memorandum and Articles
17 Copies of Memorandum and Articles to members
Section
PART III
CAPITAL & DIVIDENDS
17A Power to allot shares
18 Shares to be fully paid
19 Kind of consideration for shares
19A Forfeiture of shares
20 Amount of consideration for shares
21 Fractional shares
21A Authorized capital in several currencies
22 Capital and surplus accounts
23 Dividend of shares
24 Increase or reduction of authorized capital
25 Division and combination
26 Character of a share
27 Share certificates
28 Share register
29 Rectification of share register
30 Transfer of registered shares
31 Transfer of bearer shares
32 Seizure
33 Acquisition of own shares
34 Treasury shares disabled
35 Increase or reduction of capital
36 Dividends
37 Appreciation of assets
37A Mortgages and charges of shares
Section
PART IV
REGISTERED OFFICE AND AGENT
38 Registered office
39 Registered agent
40 R E P E A L E D.
40A Registered agents
41 Penalty for contravention of sections 38 and 39
Section
PART V
DIRECTORS, OFFICERS, AGENTS AND LIQUIDATORS
42 Management by directors
43 Election, term and removal of directors
43A Optional register of directors
44 Number of directors
45 Powers of directors
46 Emoluments of directors
47 Committees of directors
48 Meetings of directors
49 Notice of meetings of directors
50 Quorum for meetings of directors
51 Consents of directors
52 Alternates for directors
53 Officers and agents
54 Standard of care
55 Reliance on records and reports
56 Conflict of interests
57 Indemnification
58 Insurance
Section
PART VI
PROTECTION OF MEMBERS AND CREDITORS
59 Meetings of members
60 Notice of meetings of members
61 Quorum for meetings of members
62 Voting by members
62A Voting trusts
63 Consents of members
64 Service of notice on members
65 Service of process, etc. on company
66 Books, records and common seals
67 Inspection of books and records
68 Contracts generally
69 Contracts before incorporation
70 Contracts for payment or transfer
70A Optional register of mortgages and charges
71 Notes and bills of exchange
72 Power of Attorney
73 Authentication or attestation
74 Company without members
Section
PART VII
MERGER, CONSOLIDATION, SALE OF ASSETS, FORCED REDEMPTIONS, ARRANGEMENTS AND
DISSENTERS
75 Interpretation for purposes of Part VII
76 Merger and consolidation
77 Merger with subsidiary
78 Effect of merger or consolidation
79 Merger or consolidation with foreign company
80 Disposition of assets
81 Redemption of minority shares
82 Arrangements
83 Rights of dissenters
Section
PART VIII
CONTINUATION
84 Continuation
85 Provisional registration
86 Certificate of continuation
87 Effect of continuation
88 Continuation under foreign law
Section
PART IX
WINDING UP, DISSOLUTION AND STRIKING-OFF
89 Compulsory winding-up and dissolution
90 Voluntary winding-up and dissolution
91 Powers of directors in a winding-up and dissolution
92 Duties of liquidator
93 Powers of liquidator
94 Procedure on winding-up and dissolution
95 Rescission of winding-up and dissolution
96 Winding-up and dissolution of company unable to pay its
claims,
etc.
97 Winding-up and dissolution by the court
98 Receivers and managers
99 Striking-off
100 Restoration to Register
101 Effect of striking-off
102 Appointment of official liquidator
103 Dissolution of company struck off
Section
PART X
FEES AND PENALTIES
104 Fees
105 Licence fees
106 Penalties to be paid to Registrar
107 Recovery of penalties, etc.
108 Company struck off liable for fees, etc.
109 Fees, etc. to be paid into Consolidated Fund
110 Fees payable to Registrar
Section
PART XI
INCOME TAXES, STAMP DUTIES AND REGISTRATION OF DOCUMENTS
111 Exemptions from tax, etc.
111A Optional registration of registers
111B Optional registration of mortgages and
charges.
Section
PART XII
MISCELLANEOUS
112 Regulations
113 Form of certificate
114 Certificate of good standing
115 Inspection of documents
116 Jurisdiction
117 Declaration by court
118 Judge in Chambers
119 Commencement
