Registrar and offices for registration of companies. Construction of references in other acts to companies registered under the companies consolidation act, 1908. The new act which now repeals the companies act, 1963 act 179 becomes the law which will regulate the incorporation of companies. Companies act of ghana legal documents constitutional law.
Reservation of name for later use part b incorporation and legal status of companies. Pdf companies act 1956 and 20 pdf download, high quality. Be it enacted by parliament in the sixth year of the republic of india as follows. Application of act to existing companies and savings. Companies code 1963, act 179 as amended this document is part of the source library for nrgis 2017 resource governance index, a comprehensive measure of the quality of natural resource governance in 81 oil, gas and mineralrich countries. Companies acts 1963 to 19992014 public company limited memorandum of association of paddy power public limited company as amended by special resolution dated 22 june14 may 200415 1. Offences by directors of companies required to have financial statements audited. Accounts complying with banks and financial institutions act. This differs from the corresponding provision in the old companies act 1963 which only catered for private companies. Companies act 1963 winding up petitions welcome section 214 companies act 1963 winding up petitions statutory demand letters more and more, creditors are sending 21 day letters of demand pursuant to section 214 of the companies act 1963 otherwise known as statutory demands. If you agree then only proceed to download companies act 20 pdf.
Irish companies acts 1963 20 historic primary legislation. Companies act 1963 part i preliminary companies act 1963 sect 1 short title and commencement. The companies act, 2019 act 992 has been in the works since 2018 and replaces the companies act, 1963 act 179. Provisions for facilitating reconstruction and amalgamation of companies 201. In this code, unless the context otherwise requires, the expressions defined in the first schedule hereto shall have the meanings assigned to them in that schedule. The power conferred by section 6 of the karnataka industrial establishments national and festival holidays act, 1963 is, at present confined to the appointment of inspectors for local limits specified by the state government. Way in which and extent to which objects of company may be altered. Regulations required in the case of an unlimited company or company limited by guarantee. Companies act, 1963, section 141 irish statute book. With company secretarial and compliance as our key service lines, firstcode management services welcomes the new companies act which was given assent by the president of the republic of ghana nana addo dankwa akufoaddo on 2nd august 2019. Ghana has a new companies act the companies act 2019.
It is intended to take power to appoint inspectors for any given industrial establishment or class of such. Arrangement of sections section part i preliminary 1. The pdf file you are about to download is not created by writinglaw. Statement in lieu of prospectus prospectus fees transitional provisions affecting existing companies repeals act 179 companies act, 196311 an act to amend and consolidate the law relating to companies and to provide.
Prohibition of partnership exceeding twenty m embers. At a very high level, the new act seeks to introduce improved corporate governance standards for companies operating in ghana. Documents to be delivered to registrar by certain companies incorporated outside the state. In section 2 of the companies act, 20 hereinafter referred to as. Companies act 1963 act 179 section 1commencement spent. Section 31 ii of the act states that an existing company means a company formed and registered under any of the previous companies laws. Remedy against oppression part xii windingup ageneral 204. The constitution would be signed by one or more members or the company secretary and may either be delivered to the registrar before incorporation or filed after. Liability of company not affected by officers fraud or forgery. Part ii incorporation of companies and matters incidental thereto 5. Business law ghana pdf business law ghana pdf business law ghana pdf download. Under the new companies act, 2019 act 992, the ultra vires rule applies only to companies which have chosen to be registered with specific objects. Unlike companies act, 1963 act 179, the companies act 2019 grants companies the option to file a registered constitution upon registration with the registrar of companies.
The act provides the minister of trade and industry with. All you need to know about the new companies act article. Object clause under the new companies act, act 992, is. Government print department, 1963 corporation law 311 pages. The new companies act of ghana firstcode management. Please refer to schedule 5 of the new companies act, no. Short title, extent and commencement 1 this act may be called the limitation act, 1963. Companies code, 1963 act 179 report of the commission of enquiry into the working and administration of company law in ghana 1961 gowers report. Pursuant to section 24 of the companies code, 1963 act 179 the association has for the furtherance of its authorized objects, all the powers of a natural person of full capacity and in furtherance of the objects outlined above indepth shall have the power to solicit and. Every person appointed as a company director should, on or before appointment. Ghanas new companies act 2019 passed, this is what to. Construction of references in other acts to companies registered under companies consolidation act 1908 and act.
Construction of references in other acts to companies registered under the companies. Power to acquire shares of minority on takeover 202. When persons deemed to be associates and when persons deemed to control companies 4. The companies act audit requirement and other matters. The companies act, 2019, act 992 stipulates that all companies registered under the law, regardless of size or public interest level, must be audited by auditors registered with icag and must file audited. Companies second amendment act, 2002 may file an appeal to the high court within sixty days from the date of. Section 3 1 i of the companies act, 1956 defines a company as a company formed and registered under this act or an existing company. The name of the company is paddy power public limited company. The company is to be a public limited company for the purposes of part 17 of the companies act 2014. The companies code 1963 act 179 regulations of hfc bank ghana limited 1 the name of the company is hfc bank ghana limited 2 the businesses which the company is authorized to carry on are. Companies act 1965 act 125 part viii receivers and managers disqualification for appointment as receiver 182.
In that case, they would be bound by these registered objects. It should be noted that though a company does not possess. I an application for a licence shall be made to the commission. Pursuant to section 24 of the companies code, 1963 act 179 the association has for the furtherance of its authorized objects, all the powers of a natural. In the matter of section 231 of the companies act, 1963 act 179 and noble mining ghana limited noble gold bibiani limited drilling and mining services limited the companies notice of an update regarding the scheme arrangement of the companies take notice that an update to creditors of the companies is provided herein. Documents to be attached and annexed to balance sheet.
Note on section 340 of the act section 340 of the act states that every former act company shall within two years after the commencement date of the act i. As under the old companies act 1963, the new companies act 2019, act 992 gives the registrar the power to refuse or deny registration of. S1 the following shall not be qualified to be appointed and shall not. Number 38 of 2014 companies act 2014 contents part 1 preliminary and general section 1. Under section 214 companies act 1963 a company is deemed. Download a copy of the companies act, 2008 ammended companies act and regulations.
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