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act-83-1981.pdf | 5.79 MB |
83 of 1981
The Companies Amendment Act 83 of 1981 intends:
- to amend tbe Companies Act, 1973, so as
- to substitute an obsolete appellation;
- to extend the powers and duties of the Registrar of Companies;
- to delete a reference to the Senate;
- to empower the Registrar under certain circumstances to incorporate a branch of a foreign company or association not for gain as a company limited by guarantee;
- to make provision for the reservation, registration, use, change and dereglstration of a shortened form of the translated name of a company;
- furtber to circumscribe the formal requirements for debentures and debenture certificates;
- further to regulate tbe evidential value of debentures;
- further to circumscribe the particulars to be shown in a company's register of debenture-holden;
- to oblige any person giving written consent to his appointment as auditor of a company to make use or a prescribed form for the purpose;
- to oblige any auditor of a company to give notice on a prescribed form to the company concerned of a change in the particulars which are to be entered in respect of him in the company's register of directors and officers;
- to make provision that a company shall lodge returns with the Registrar with regard to the entry In its register of directors and officers of particulars pertanlng to Its auditor;
- to alter tbe requirements for the voluntary winding-up of a company by members and for such a winding-up by creditors;
- to redetermine the time at which the voluntary winding-up of a company shall commence;
- to adjust aceordingly tbe time at which certain consequences of the commencement of such a wlnding-up shall set in;
- to make further provision as to the transmission or lodging of certain documents In connection witb the voluntary winding-up of a company to or with certain officers or registrars; and
- to effect certain textual improvements; and
- to provide for matters connected therewith.
Commencement
- 1 December 1981, Sections 6 to 12 , 15 and 16
- 21 October 1981, All sections except Sections 6 to 12, 15 and 16