Companies Act, 1929

An Act to consolidate the Companies Acts, 1908 to 1928, and
and certain other enacements connected with the said Acts.
[Toth May, 1029.]
BE it enacted by the King’s most Excellent Majesty, by and with
the advice and consent of the Lords Spiritual and Temporal, and
Commons, in this present Parliament assembled, and by the authority
of the same. as follows: —

Pan:
INCORPORATION

OF

COMPANIES ..I¢
THERETO

BY

MATTERS INCIDENTAL

Memorandum of
1.—(1) Any seven or more persons, or, where the company to be Mode of forming

formed will be a private company, any two or more persons, asso- opera
ciated for any lawful purpose may, by subscribing their names to a
memorandum of association and otherwise complying with the
requirements of this Act in respect of registration, form an incor-
porated company, with or without limited liability.

Such a company may be either—

A company having the liability of its members limited

by the memorandum to the amount, if any, unpaid on the

shares respectively held by them (in this Act termed “a

company limited by shares’); or

A company having the liability of its members limited by

the memorandum to such amount as the members may

respectively thereby undertake to contribute to the assets

of the company in the event of its being wound up (in this

Act termed “a company limited by guarantee’); or

A company not having any limit on the liability

members (in this Act termed ‘‘an unlimited comn--

Association.

2.—(1) The memorandum of every company must ..: Requirements
(a The name of the companv with “Limited” as the last memorandum.
word of the name in the case a company i+ Cores
or by guarantee:
Whether the registered office «
situate in England or in Scotland
The obiects of the company