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

Companies Administrative Regulations, 1973

21. Registration and Incorporation [Section 63(1)]

 

 

1) If the original memorandum and articles referred to in regulations 17 and 18 are not signed by the subscribers personally, they shall be signed by an attorney or a person referred to in section 63(3) of the Act duly authorised by a power of attorney to sign on behalf of the subscribers and to take up a specified number of shares.

 

2) Where the memorandum and articles are signed on behalf of a body corporate, there shall be lodged an extract from the minutes of a meeting of directors of the body corporate authorising the person concerned to sign on behalf of the body corporate and stating that such person shall be deemed, for all purposes, to be a director of the company within the meaning of section 208(2) of the Act.

 

3) [Subregulation (3) deleted by  Amendment Notice No. R. 279 dated 13 March 2009]