Singapore legislation

Clause 21

of Companies Bill

Clause 21

General provisions as to alteration of memorandum

(1)

The memorandum of a company may be altered to the extent and in the manner provided by this Act but not otherwise.[Aust.s. 21.]

(2)

In addition to observing and subject to any other provision of this Act requiring the lodging with the Registrar of any resolution of a company or order of the Court or other document affecting the memorandum of a company, the company shall within fourteen days after the passing of any such resolution or the making of any such order lodge with the Registrar a copy of such resolution or other document or an office copy of such order together with (unless the Registrar dispenses therewith) a printed copy of the memorandum as altered, and if default is made in complying with this subsection the company and every officer of the company who is in default shall be guilty of an offence against this Act and shall be liable on conviction to a fine not exceeding two hundred and fifty dollars and also to a default penalty.

(3)

The Registrar shall register every resolution, order or other document lodged with him under this Act that affects the memorandum of a company and, where an order is so registered shall certify the registration of that order.

(4)

The certificate of the Registrar shall be conclusive evidence that all the requirements of this Act with respect to the alteration and any confirmation thereof have been complied with.

(5)

Notice of the registration shall be published in such manner (if any) as the Court or the Registrar directs.

(6)

The Registrar shall, where appropriate, issue a certificate of incorporation in accordance with the alteration made to the memorandum.