Secretarial practice

Bibliographic data

Monograph

Identifikator:: 1828236004

URN:: urn:nbn:de:zbw-retromon-249926

Document type:: Monograph

Title:: Secretarial practice

Edition:: fourth edition

Place of publication:: Cambridge

Publisher:: W. Heffer & Sons Ltd

Year of publication:: 1930

Scope:: viii, 987 Seiten

Digitisation:: 2022

Collection:: Economics Books

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DOMINION LEGISLATION—INDIA 851 Directors must disclose their interest in any contract and are prohibited from voting on such a contract. Where a company enters into a contract for the appointment of a manager in which contract any director is interested, the terms of the contract must be communicated to every member of the company. Every agent of a public company who enters into a contract on behalf of the company in which the company is an undisclosed principal, must file with the company an abstract of the terms of the contract, which must be laid before the directors at their next meeting. Amending Act, No. 42 of 1920 makes s. 91B of the preceding Act (prohibition of voting by a director interested in a contract) r10t applicable to a private company. 3 THE UNION OF SOUTH AFRICA. The Companies Act, 1926, which came into operation on the tst January, 1927, set up for the first time a uniform Company Law for all the Provinces of the Union of South Africa, which had hitherto been subject to different Provincial Acts. All the old Provincial Acts have accordingly been repealed. The new Act applies to all companies in every part of the Union, and is based on the Companies (Consolidation) Act, 1908; but there are a certain number of differences and special points worthy of note. The Registrar —A Companies Registration Office is established n Pretoria, and there is a Registrar of Comoanies appointed bv the Governor-General. Names.—The English Act of 1929 merely states that a company may not be registered by a name identical with that by which a company in existence is already registered, or so nearly resembles it as to be calculated to deceive. The South African Act goes further by forbidding the registration of a name identical with that by which a company or a foreign company is already regis- tered. A ‘foreign company’ is defined as a company or associa- tion of persons which has for its object the acquisition of gain and 1s registered or incorporated under the laws of a foreign country which is defined as any state, country, colony, or territory, other than the Union whether or not included in the British Empire. Moreover, the Registrar may, except upon an order of the Court, refuse to register a company by a name which, in his opinion, is calculated to mislead the public or to cause annoyance or offence to any person or class of persons or is suggestive of blasphemy or indecency or a name representing an occupation or profession for which personal qualifications are required.” A company may not, without consent of the Governor-General, be registered by a name

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