All sections · Part XI: Mergers, Consolidations And Arrangements · Sub-Part I: Mergers and Consolidations
204 兼并或合并的影响
This section has been amended. The text above is the 2016 wording; the amending provisions follow.
(1) 合并或合并应在书记官长登记章程的日期,或在合并或合并章程中规定的其后不超过30天的日期,生效。
(2) 一旦兼并或合并生效----。
(a) 尚存的公司或合并后的公司,在符合其经合并或合并条款修订或确立的公司章程的范围内,应拥有各组成公司的所有权利、特权、豁免、权力、目标和宗旨。
(b) 在合并的情况下,合并后的公司的公司章程大纲和条款会自动修正,以包括对公司章程大纲和条款的任何修正。
(c) 在合并的情况下,与公司章程一起提交的备忘录和章程应成为合并公司的章程。
(d) 每个组成法团的任何种类的资产,包括每个组成法团在实践中的选举和运作,立即转移到幸存法团或合并法团;以及
(e) 幸存的实体或合并后的实体对每个组成实体的所有索赔、债务、负债和义务负责。
(3)当发生兼并或合并时--。
(a) 没有任何已到期或将到期的定罪、判决、法令、命令、索赔、债务、责任或义务,也没有任何
通过合并或兼并导致对组成公司或其任何成员、董事、其他官员或代理人的任何现有责任的解除或减损;以及
(b) 在合并或兼并时,组成公司或其任何成员、董事、其他高级职员或代理人的未决民事或刑事诉讼没有因合并或兼并而减少或中止,但------。
(i) 该程序可由或针对幸存公司或合并实体或其成员、董事、其他官员或代理人(视情况而定)执行、起诉、解决或损害;或
(i) 尚存的公司或合并后的公司可在程序中被一个组成公司取代。
4.如果发生了合并或兼并,书记官长应注销登记册。
(a) 在合并中不是幸存的公司的组成公司;或
(b) 作为合并一方的组成实体。
(2) 一旦兼并或合并生效----。
(a) 尚存的公司或合并后的公司,在符合其经合并或合并条款修订或确立的公司章程的范围内,应拥有各组成公司的所有权利、特权、豁免、权力、目标和宗旨。
(b) 在合并的情况下,合并后的公司的公司章程大纲和条款会自动修正,以包括对公司章程大纲和条款的任何修正。
(c) 在合并的情况下,与公司章程一起提交的备忘录和章程应成为合并公司的章程。
(d) 每个组成法团的任何种类的资产,包括每个组成法团在实践中的选举和运作,立即转移到幸存法团或合并法团;以及
(e) 幸存的实体或合并后的实体对每个组成实体的所有索赔、债务、负债和义务负责。
(3)当发生兼并或合并时--。
(a) 没有任何已到期或将到期的定罪、判决、法令、命令、索赔、债务、责任或义务,也没有任何
通过合并或兼并导致对组成公司或其任何成员、董事、其他官员或代理人的任何现有责任的解除或减损;以及
(b) 在合并或兼并时,组成公司或其任何成员、董事、其他高级职员或代理人的未决民事或刑事诉讼没有因合并或兼并而减少或中止,但------。
(i) 该程序可由或针对幸存公司或合并实体或其成员、董事、其他官员或代理人(视情况而定)执行、起诉、解决或损害;或
(i) 尚存的公司或合并后的公司可在程序中被一个组成公司取代。
4.如果发生了合并或兼并,书记官长应注销登记册。
(a) 在合并中不是幸存的公司的组成公司;或
(b) 作为合并一方的组成实体。
Translation for information only. Only the English original is legally binding.
Original wording (English, legally binding): Effect of merger or consolidation
(1) A merger or consolidation is effective on the date the articles of merger
or consolidation are registered by the Registrar or on such date
subsequent thereto, not exceeding thirty days, as is stated in the articles
of merger or consolidation.
(2) As soon as a merger or consolidation becomes effective —
(a) the surviving company or the consolidated company in so far
as is consistent with its memorandum and articles, as amended
or established by the articles of merger or consolidation, has all
rights, privileges, immunities, powers, objects and purposes of
each of the constituent companies;
(b) in the case of a merger, the memorandum and articles of the
surviving company are automatically amended to the extent, if
any, that changes in its memorandum and articles are contained
in the articles of merger;
(c) in the case of a consolidation, the memorandum and articles filed
with the articles of consolidation are the memorandum and
articles of the consolidated company;
(d) assets of every description of each of the constituent companies,
including choses in action and the business of each of the
constituent companies, immediately vests in the surviving
company or the consolidated company, as the case may be; and
(e) the surviving company or the consolidated company, as the case
may be, is liable for all claims, debts, liabilities and obligations
of each of the constituent companies.
(3) Where a merger or consolidation occurs —
(a) no conviction, judgment, ruling, order, claim, debt, liability or
obligation due or to become due, and no cause existing, against
a constituent company or against any member, director, other
officer or agent thereof, is released or impaired by the merger or
consolidation; and
(b) no proceedings, whether civil or criminal, pending at the time of
a merger or consolidation by or against a constituent company,
or against any member, director, other officer or agent thereof,
are abated or discontinued by the merger or consolidation, but —
(i) the proceedings may be enforced, prosecuted, settled or
compromised by or against the surviving company or the
consolidated company or against the member, director,
other officer or agent thereof, as the case may be; or
(ii) the surviving company or the consolidated company may
be substituted in the proceedings for a constituent
company.
(4) Where a merger or consolidation occurs, the Registrar shall strike off the
Register —
(a) a constituent company that is not the surviving company in a
merger; or
(b) a constituent company that participates in a consolidation.
or consolidation are registered by the Registrar or on such date
subsequent thereto, not exceeding thirty days, as is stated in the articles
of merger or consolidation.
(2) As soon as a merger or consolidation becomes effective —
(a) the surviving company or the consolidated company in so far
as is consistent with its memorandum and articles, as amended
or established by the articles of merger or consolidation, has all
rights, privileges, immunities, powers, objects and purposes of
each of the constituent companies;
(b) in the case of a merger, the memorandum and articles of the
surviving company are automatically amended to the extent, if
any, that changes in its memorandum and articles are contained
in the articles of merger;
(c) in the case of a consolidation, the memorandum and articles filed
with the articles of consolidation are the memorandum and
articles of the consolidated company;
(d) assets of every description of each of the constituent companies,
including choses in action and the business of each of the
constituent companies, immediately vests in the surviving
company or the consolidated company, as the case may be; and
(e) the surviving company or the consolidated company, as the case
may be, is liable for all claims, debts, liabilities and obligations
of each of the constituent companies.
(3) Where a merger or consolidation occurs —
(a) no conviction, judgment, ruling, order, claim, debt, liability or
obligation due or to become due, and no cause existing, against
a constituent company or against any member, director, other
officer or agent thereof, is released or impaired by the merger or
consolidation; and
(b) no proceedings, whether civil or criminal, pending at the time of
a merger or consolidation by or against a constituent company,
or against any member, director, other officer or agent thereof,
are abated or discontinued by the merger or consolidation, but —
(i) the proceedings may be enforced, prosecuted, settled or
compromised by or against the surviving company or the
consolidated company or against the member, director,
other officer or agent thereof, as the case may be; or
(ii) the surviving company or the consolidated company may
be substituted in the proceedings for a constituent
company.
(4) Where a merger or consolidation occurs, the Registrar shall strike off the
Register —
(a) a constituent company that is not the surviving company in a
merger; or
(b) a constituent company that participates in a consolidation.
Amended since 2016
Act 19 of 2024 · 2024-12-18
13. Section 204 of the principal Act is amended by inserting a new
subsection after subsection (4) as follows —
“(5) The Registrar shall publish a Notice of the striking of
the name of a company off the Register under subsection (4) in the
Gazette.”
subsection after subsection (4) as follows —
“(5) The Registrar shall publish a Notice of the striking of
the name of a company off the Register under subsection (4) in the
Gazette.”