Singapore legislation

Clause 34

of Companies (Amendment) Bill

Clause 34

Amendment of section 197

Section 197 of the Companies Act is amended —

(a)

by deleting subsections (1) and (2) and substituting the following subsections:“(1) Every company having a share capital shall lodge a return with the Registrar containing the particulars referred to in the Eighth Schedule and accompanied by such copies of documents as may be prescribed.(2) The return under subsection (1) shall be in accordance with the prescribed form or as near thereto as the circumstances admit.”;

(b)

by deleting the words “signed by a director or by the manager or secretary of the company” in the 1st and 2nd lines of subsection (4); and

(c)

by deleting subsections (5) and (6) and substituting the following subsection:“(5) A company not having a share capital shall, within one month after each annual general meeting of the company, lodge with the Registrar a return which shall be in accordance with the prescribed form or as near thereto as the circumstances admit.”.

Clause 34 — Companies (Amendment) Bill | laws.sg