COMPANIES ACT, 1929

639

142.—(1) If any person being an undischarged bankrupt acts as
director of, or directly or indirectly takes part in or is concerned
in the management of, any company except with the leave of the
court by which he was adjudged bankrupt, he shall be liable on con-
viction on indictment to imprisonment for a term not exceeding
two years, or on summary conviction to imprisonment for a term
not exceeding six months or to a fine not exceeding five hundred
pounds, or to both such imprisonment and fine:

Provided that a person shall not be guilty of an offence under
this section by reason that he, being an undischarged bankrupt,
has acted as director of, or taken part or been concerned in the
management of, a company, if he was on the third day of August,
nineteen hundred and twenty-eight, acting as director of, or taking
part or being concerned in the management of, that company and
has continuously so acted, taken part, or been concerned since
that date and the bankruptcy was prior to that date.

{2) In England the leave of the court for the purposes of this
section shall not be given unless notice of intention to apply therefor
has been served on the official receiver and it shall be the duty of the
official receiver, if he is of opinion that it is contrary to the public
interest that any such application should be granted, to attend on
the hearing of and oppose the granting of the application.

(3) In this section the expression ‘company’ includes an
unregistered company and a company incorporated outside Great
Britain which has an established place of business within Great
Britain, and the expression ‘‘official receiver’’ means the official
receiver in bankruptcy.

(4) Subsection (1) of this section in its application to Scotland
shall have effect as if the words ‘‘sequestration of his estates was
awarded’ were substituted for the words ‘“he was adjudged bank-
rupt.”’

Provisions as to
indischarged
sankrupts acting
as directors.

143. The acts of a director or manager shall be valid notwith- Validity of acts
standing any defect that mav afterwards be discovered in his °f directors.
appointment or qualification.

144.—(1) Every company shall keep at its registered office a Register of
register of its directors or managers containing with respect to each directors.
of them the following particulars, that is to say-

in the case of an individual, his present christian name and
surname, any former christian name or surname, his usual
residential address, his nationality, and, if that nationality
is not the nationality of origin, his nationality of origin,
and his business occupation, if any, or, if he has no business
occupation but holds any other directorship or directorships,
particulars of that directorshp or of some one of those
directorships; and

in the case of a corporation, its corporate name ‘nd regis-
tered or principal office.