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

Chapter XIV: Winding-up of Companies

General Provisions Affecting all Windings-up

363A. Change of address by directors and secretaries and certain former directors and secretaries

 

 

1) Any person who is a director or secretary of a company which is being wound up and who, after the winding-up of such company has commenced but before the liquidator's final account has in terms of section 408 been confirmed, changes his residential or postal address, shall notify the liquidator by registered post of his new residential or postal address within fourteen days after such change, or, if the liquidator has not been appointed on the date of such change, within fourteen days after the appointment of the liquidator.

 

2) Any person who fails to comply with any requirement of subsection (1) shall be guilty of an offence.

 

3) Whenever at the trial of any person charged with an offence referred to in subsection (2) it is proved that such person is a director or secretary of a company which is being wound up and that he has changed his residential or postal address after the winding up of that company has commenced and that the liquidator has no written record of such change, it shall be presumed, unless the contrary is proved, that he did not notify the liquidator of such change.

 


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