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In forceAmended2020 Revised Edition
Contents

Part 3 · Constitution of Companies

23. Capacity and powers of company

Amended

Last amended by an amending law of 2014.

(1)

Subject to the provisions of this Act and any other written law and its constitution, a company has —

(a)

full capacity to carry on or undertake any business or activity, do any act or enter into any transaction; and

(b)

for the purposes of paragraph (a), full rights, powers and privileges.

(1A)

A company may have the objects of the company included in its constitution.

(1B)

The constitution of a company may contain a provision restricting its capacity, rights, powers or privileges.

(2)

[Deleted by Act 17 of 2023 wef 01/07/2023]

(3)

[Deleted by Act 17 of 2023 wef 01/07/2023]

(4)

[Deleted by Act 17 of 2023 wef 01/07/2023]

(5)

[Deleted by Act 17 of 2023 wef 01/07/2023]

Report

Part 4

Shares, Debentures and Charges

Part 5

Management and Administration

Part 6

Financial Statements and Audit

Part 7

Arrangements, Reconstructions and Amalgamations

Part 8

Part 8A

Part 9

Investigations

Part 10

Dissolution

Part 10A

Transfer of Registration

Part 11

Various Types of Companies, Etc.

Part 11A

Register of Controllers, Nominee Directors and Nominee Shareholders of Companies

Part 12

General

Schedules