351 Certificate of good standing

(1) The Registrar shall, upon request by any person and on payment of the
standing
fee specified in Part II of the Second Schedule, issue a certificate of good
standing under the Official Seal in the approved form certifying that a
company is in good standing if the Registrar is satisfied that —

(a) the company is on the Register;

(b) the company has paid all fees, annual fees and penalties due and
payable under this Act; and

(c) it has no filed record of the company being in voluntary or
compulsory liquidation.

(2) The certificate of good standing issued under subsection (1) shall include
a statement as to whether —

(a) the company has filed with the Registrar articles of merger or
consolidation that have not yet become effective;

(b) the company has filed with the Registrar articles of arrangement
that have not yet become effective;

(c) notice of commencement of the company‘s winding up has been
filed with the Registrar; and

(d) any proceedings by the Registrar to strike the name of the
company off the Register have been instituted.

(3) In the event that a company is not in good standing as at the date of the
request, the Registrar shall issue a certificate of official search under
section 352 in lieu of a certificate of good standing and no additional fees
shall be paid in respect thereof.