PART I

Formation and Registration of Companies ; Juridical Status and Membership
CHAPTER I

Company Formation

Registration and its consequences

Effect of registration
13
1
On the registration of a company's memorandum, the registrar of companies shall give a certificate that the company is incorporated and, in the case of a limited company, that it is limited.
2
The certificate may be signed by the registrar, or authenticated by his official seal.
3
From the date of incorporation mentioned in the certificate, the subscribers of the memorandum, together with such other persons as may from time to time become members of the company, shall be a body corporate by the name contained in the memorandum.
4
That body corporate is then capable forthwith of exercising all the functions of an incorporated company, but with such liability on the part of its members to contribute to its assets in the event of its being wound up as is provided by this Act.
This is subject, in the case of a public company, to section 117 (additional certificate as to amount of allotted share capital).
5
The persons named in the statement under section 10 as directors, secretary or joint secretaries are, on the company's incorporation, deemed to have been respectively appointed as its first directors, secretary or joint secretaries.
6
Where the registrar registers an association's memorandum which states that the association is to be a public company, the certificate of incorporation shall contain a statement that the company is a public company.
7
A certificate of incorporation given in respect of an association is conclusive evidence—
a
that the requirements of this Act in respect of registration and of matters precedent and incidental to it have been complied with, and that the association is a company authorised to be registered, and is duly registered, under this Act, and
b
if the certificate contains a statement that the company is a public company, that the company is such a company.