TMI BlogCompanies capable of being registeredX X X X Extracts X X X X X X X X Extracts X X X X ..... ociety, society or any other business entity formed under any other law for the time being in force which applies for registration under this Part. (2) With the exceptions and subject to the provisions contained in this section, any company formed, whether before or after the commencement of this Act, in pursuance of any Act of Parliament other than this Act or of any other law for the time being ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ll not register in pursuance of this section as an unlimited company or as a company limited by guarantee; (iii) a company shall be registered in pursuance of this section as a company limited by shares only if it has a permanent paid-up or nominal share capital of fixed amount divided into shares, also of fixed amount, or held and transferable as stock, or divided and held partly in the one way ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... imited by guarantee, the assent to its being so registered shall be accompanied by a resolution declaring that each member undertakes to contribute to the assets of the company, in the event of its being wound up while he is a member, or within one year after he ceases to be a member, for payment of the debts and liabilities of the company or of such debts and liabilities as may have been contract ..... X X X X Extracts X X X X X X X X Extracts X X X X
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