Singapore legislation

Section 362

of Companies Act 1967

Section 362

Revocation of registration

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(1)

The Registrar may by order revoke the registration of a company if the company fails to comply with section 359(6).

Amended by15/2017

(2)

The Registrar must, before making an order of revocation —

(a)

give the company written notice of the Registrar’s intention to revoke the registration;

(b)

specify in the notice a period of at least 30 days within which the company may make written representations to the Registrar; and

(c)

consider the company’s written representations (if any) that are received by the Registrar within the time specified in the notice.

Amended by15/2017

(3)

At the expiration of the time mentioned in the notice mentioned in subsection (2), the Registrar may, unless cause to the contrary is previously shown, order that the registration of the company be revoked.

Amended by15/2017

(4)

The Registrar must —

(a)

cause a notice of the order of revocation to be published in the Gazette; and

(b)

serve a copy of the notice of the order of revocation on the company which registration is revoked.

Amended by15/2017

(5)

Upon publication of the notice of the order of revocation in the Gazette, the order of revocation takes effect and the company ceases to be a company as defined in section 4(1) and the provisions of this Act cease to apply to the company.

Amended by15/2017

(6)

An order of revocation under subsection (3) is final.

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(7)

Despite the order of revocation in respect of a company under subsection (3), the liability (if any) of every officer and member of the company continues.

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(8)

Nothing in this section prejudices —

(a)

the enforcement by any person of any right or claim against the company; or

(b)

the enforcement by the company of any right or claim against any person.

Amended by15/2017