PART IX

 

ADMINISTRATION & ACCOUNTS

 

A.    COMMENCEMENT OF BUSINESS

 

1.      TO OBTAIN CERTIFICATE OF COMMENCEMENT OF BUSINESS INCASE YOUR COMPANY IN A PUBLIC  COMPANY.

 

A.     WHERE THE COMPANY HAVING A SHARE CAPITAL HAS ISSUED PROSPECTUS

 

B.     WHERE THE COMPANY HAVING A SHARE CAPITAL HAS  NOT ISSUED PROSPECTUS.

 

2.      TO COMMENCE A NEW BUSINESS WITHIN THE FRAME WORK OF YOUR EXISTING MEMORANDUM OF ASSOCIATION.

 

A.     THE MEMORANDUM OF EVERY COMPANY SHALL STATE

 

B.     THE PROPOSED BUSINESS IS DEEMED TO BE, ONLY IF

 

C.     THE PROCEDURE STATED HEREIN DOESNOT APPLY TO A  PRIVATE COMPANY WHICH CAN COMMENCE  ANY NEW BUSINESS PERMITTED BY THE MEMORANDUM OF ASSOCIATION AFTER PASSING A BOARDS RESOLUTION

 

3.      TO FILE STATEMENT IN LIEU OF PROSPECTUS WITH THE REGISTRAR OF COMPANIES [SECTIONS 70(1) AND 149(2)(a)]

 

 

 

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