COMPANIES IN GENERAL

J

Companies under the Act also fall into two classes, according
as they are, or are not, private companies. The special
position and privileges of a private company are dealt with
in Chapter XXII.

Companies incorporated outside the United Kingdom, Foreign
which establish a place of business within the United Kingdom, Companies.
are made subject to certain statutory requirements. The
-xtent of these requirements has been much increased by the
new Act and a separate chapter (Chapter XV) has -been
added dealing with foreign companies.