Full text: Secretarial practice

COMPANIES ACT, 1929 
715 
under the Joint Stock Companies Acts, extend to altering any regula- 
tions relating to the amount of capital or to its distribution into 
shares, notwithstanding that those regulations are contained in 
the memorandum. 
320. Nothing in this Part of this Act shall apply to companies 
registered in the Irish Free State or Northern Ireland. 
Exclusion of 
companies regis 
tered in Irish 
Free State or 
Northern 
[reland. 
Part IL... 
COMPANIES NOT FORMED UNDER THIS ACT AUTHORISED TC 
REGISTER UNDER THIS ACT. 
321.—(1) With the exceptions and subject to the provisions 
contained in this section,— 
any company consisting of seven or more members, which 
was in existence on the second day of November, eighteen 
hundred and sixty-two, including any company registered 
under the Joint Stock Companies Acts; and 
any company formed after the date aforesaid, whether 
before or after the commencement of this Act, in pursuance 
of any Act of Parliament other than this Act, or of letters 
patent, or being a company within the stannaries, or 
being otherwise duly constituted according to law, and 
consisting of seven or more members; 
may at any time register under this Act as an unlimited company, 
or as a company limited by shares, or as a company limited by 
guarantee; and the registration shall not be invalid by reason 
that it has taken place with a view to the company being wound up: 
Provided that— 
(i) A company registered in any part of the United Kingdom 
under the Companies Act, 1862, or the Companies (Con- 
solidation) Act, 190%. shall not register in pursuance of 
this section: 
A company having the liability of its members limited by 
Act of Parliament or letters patent, and not being a 
joint stock company as hereinafter defined, shall not 
register in pursuance of this section: 
A company having the liability of its members limited by 
Act of Parliament or letters patent shall not register in 
pursuance of this section as an unlimited company or as a 
company limited by guarantee: 
A company that is not a joint stock company as hereinafter 
defined shall not register in pursuance of this section as a 
company limited by shares: 
A company shall not register in pursuance of this section 
without the assent of a majority of such of its members 
as are present in person or by proxy (in cases where 
proxies are allowed by the regulations of the company) 
at a general meeting summoned for the purpose: 
Companies 
capable of being 
registered.
	        
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