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Companies Act, 1973 (Act No. 61 of 1973)

Chapter VI: Offering of Shares and Prospectus

Prospectus

150. Consent of person named as director

 

 

No person shall be named as a director or proposed director of a company in any prospectus relating to shares of that company unless, at any time prior to the registration of such prospectus-

a) his written consent, in the prescribed form, to act as such director has been lodged with the company; and
b) the return referred to in section 216(2) reflecting the relevant particulars in regard to such person, has been lodged with the Registrar.

 


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