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/ = 
SECRETARIAL PRACTICE 
(vi) 
Where a company not having the liability of its members 
limited by Act of Parliament or letters patent is about to 
register as a limited company, the majority required to 
assent as aforesaid shall consist of not less than three- 
fourths of the members present in person or by proxy at 
the meeting: 
Where a company is about to register as a company 
limited by guarantee, the assent to its being so registered 
shall be accompanied by a resolution declaring that each 
member undertakes to contribute to the assets of the 
company, in the event of its being wound up while he is a 
member, or within one year after he ceases to be a member, 
for payment of the debts and liabilities of the company 
contracted before he ceased to be a member, and of the 
costs and expenses of winding up, and for the adjustment 
of the rights of the contributories among themselves, such 
amount as may be required, not exceeding a specified 
amount. 
Ct 
(2) In computing any majority under this section when a 
poll is demanded regard shall be had to the number of votes to 
which each member is entitled according to the regulations of the 
company. 
Definition of 
joint stock 
company. 
322. For the purposes of this Part of this Act, as far as relates to 
registration of companies as companies limited by shares, a joint 
stock company means a company having a permanent paid-up or 
nominal share capital of fixed amount divided into shares, also of 
fixed amount, or held and transferable as stock, or divided and held 
partly in one way and partly in the other, and formed on the principle 
of having for its members the holders of those shares or that stock, 
and no other persons, and such a company when registered with 
limited liability under this Act shall be deemed to be a company 
limited bv shares. 
Requirements 323. Before the registration in pursuance of this Part of this 
for registration Act of a joint stock company, there shall be delivered to the registrar 
vy joint stock i 
companies, the following documents: — 
(1) A list showing the names, addresses, and occupations of 
all persons who on a day named in the list, not being more 
than six clear days before the day of registration, were 
members of the company, with the addition of the shares or 
stock held by them respectively, distinguishing, in cases 
where the shares are numbered, each share by its number: 
A copy of any Act of Parliament, royal charter, letters 
patent, deed of settlement, contract of copartmery, cost 
book regulations, or other instrument constituting or 
regulating the company; and 
(3) If the company is intended to be registered as a limited 
company, a statement specifying the following particulars —