- 6 Marks
Question
c) State the circumstances under which the Registrar of Companies shall refuse to register the proposed Regulations of a company. (6 marks)
Answer
The Registrar of Companies shall refuse to register the proposed Regulations where in his opinion:
- The Regulations do not comply with the Companies Act.
- The objects for which the company is being formed or the business which it is to carry on are unlawful.
- Any of the subscribers to the Regulations is an infant or of unsound mind.
- Any of the Directors are incompetent.
(3 points at 2 marks each = 6 marks)
- Tags: Company Law, Company Registration, Compliance, Registrar of Companies
- Level: Level 1
- Topic: Contract Law
- Series: MAY 2017
- Uploader: Dotse