Companies Act, 1963
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PART VIII. Application of Act to Companies Formed or Registered under former Acts. | ||
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Application of Act to companies formed and registered under former Companies Acts. |
324.—(1) Subject to subsection (2), in the application of this Act to existing companies, it shall apply in the same manner— | |
(a) in the case of a limited company, other than a company limited by guarantee, as if the company had been formed and registered under this Act as a company limited by shares; | ||
(b) in the case of a company limited by guarantee, as if the company had been formed and registered under this Act as a company limited by guarantee; and | ||
(c) in the case of a company other than a limited company, as if the company had been formed and registered under this Act as an unlimited company. | ||
(2) Reference, express or implied, to the date of registration shall be construed as a reference to the date at which the company was registered under the Joint Stock Companies Acts, the Companies Act, 1862 , or the Companies (Consolidation) Act, 1908 , as the case may be. |