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Companies (Consolidation) Act 1908

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Part VIApplication of Act to Companies formed and registered under former companies act

245Application of Act to companies formed under former Companies Acts

In the application of this Act to existing companies, It shall apply in the same manner 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; 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 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 :

Provided that 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, or under the Companies Act, 1862, as the case may be.

246Application of Act to companies registered under former Companies Acts

This Act shall apply to every company registered but not formed under the Joint Stock Companies Acts, or the Companies Act, 1862, in the same manner as it is herein-after in this Act declared to apply to companies registered but not formed under this Act:

Provided that 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, or the Companies Act, 1862, as the case may be.

247Application of Act to companies re-registered under Companies Act, 1879

This Act shall apply to every unlimited company registered in pursuance of the Companies Act, 1879, as a limited company, in the same manner as it applies to an unlimited company registered in pursuance of this Act as a limited company:

Provided that reference, express or implied, to the date of registration shall be construed as a reference to the date at which. the company was- registered, as a limited company under the Companies Act, 1879.

248Mode of transferring shares

A company registered under' the Joint Stock Companies Acts may cause its shares to be transferred in manner hitherto in use, or in such other manner as the company may direct.

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