Full text: Secretarial practice

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.
	        
Waiting...

Note to user

Dear user,

In response to current developments in the web technology used by the Goobi viewer, the software no longer supports your browser.

Please use one of the following browsers to display this page correctly.

Thank you.