SECRETARIAL PRACTICE
General Provisions with respect to Memorandum and Articles.

20. Effect of memorandum and articles.

21. Provision as to memorandum and articles of companies limited
by guarantee.

22. Alterations in memorandum or articles increasing liability to
contribute to share capital not to bind existing members
without consent.

23. Copies of memorandum and articles to be given to members.

24. Issued copies of memorandum to embody alterations.

Membership of Company.

25. Definition of member.
Private Companies.
26. Meaning of ‘private company. ”’
27. Circumstances in which company ceases to be, or to enjoy
privileges of, a private company.
Reduction of Number of Members below Legal Minimum.
28. Prohibition of carrying on business with fewer than seven or, in
the case of a private company, two members.
Contracts, &c.
29. Form of contracts.

30. Bills of exchange and promissory notes.

31. Execution of deeds abroad.

32. Power for company to have official seal for use abroad.
Authentication of Documents.
33. Authentication of documents.

Part II.
SHARE CAPITAL AND DEBENTURES.
Prospectus.
34. Dating and registration of prospectus.
35. Specific requirements as to particulars in prospectus.
36. Restriction on alteration of terms mentioned in prospectus or
statement in lieu of prospectus.
37. Liability for statements in prospectus.
38. Document containing offer of shares or debentures for sale to be
deemed prospectus.
Allotment.
39. Prohibition of allotment unless minimum subscription received.
40. Prohibition of allotment in certain cases unless statement in
lieu of prospectus delivered to registrar.
41. Effect of irregular allotment.
42. Return as to allotments.