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December to November Please feel free to ask any query related to E-Book on the Companies Act, Companies Act in PDF format is available for purchase. You may find numerous books on companies Act, but this book is totally different from others. Following are some unique features of this Digital Book which may help you to decide whether you should buy this eBook or not:.

Book is available in PDF format which itself is the most liked feature by current buyers of this digital book. After receiving lots of requests from Kindle users, for the first time, Kindle Edition of this book is available on Amazon Kindle Store. Therefore, you shall get the latest edition of this digital book on Amazon Kindle Store in Kindle format. PC on your home and office. Company law in Ghana First published in Subjects Corporation law. Places Ghana. Edition Notes Includes bibliographical references p.

B66 The Physical Object Pagination xviii, p. Community Reviews 0 Feedback? Lists containing this Book Law from ayitte. They have over 40, ebooks in their library and you may download the ebooks on your phone for offline reading as well. They also have story books for toddlers and young adults. The Ghana Library Authority recently released its own mobile app with a wide collection of ebooks.

After you download the app, you will need to register as a member of any of its nearby libraries to gain access to the books on the app. Go ahead and explore its ebook library. With a registered account, you get a Ghana Library Authority card which gives you access to all the books on its electronic shelves and its actual brick-and-mortar libraries. The name, address and professional qualification of the auditors of a company, and if auditors have not been appointed a statement to that effect.

The names, countries of incorporation, and nature of the business of the subsidiaries of the company and of the bodies corporate in which the company is beneficially entitled to equity shares conferring the right to exercise more than twenty-five percent of the votes exercisable at a general meeting of the body corporate; but if, on the application of the directors of the company, the Registrar is satisfied that mention of any of the matters referred to in this paragraph would be harmful to the business of the company or any of the associated companies, the Registrar may direct that the matter need not be stated.

If the company is a subsidiary, the name, country of incorporation and nature of the business of the holding company and the number of each class of shares of the company held by the holding company. Where the company is proposing to acquire securities in a body corporate in this Schedule called a proposed subsidiary which, by reason of the acquisition or anything to be done in consequence with the requisition or in connection with the acquisition will become a subsidiary of the company, the name, country of incorporation, and nature of the business of that proposed subsidiary.

Where the company is proposing to acquire a business, a full description of the nature of that business. Whether in the opinion of the directors the working capital of the company is sufficient and, if not, how the company proposes to provide the additional working capital thought by the directors to be necessary. The amount of the stated capital of the company distinguishing between each of the items specified in subsection 1 of section 68 of this Act and, in the case of items a and b , between different classes of shares.

The amounts of the dividends per share paid by the company in respect of each class of share in each of the five completed financial years of the company immediately preceding the dace of the statement, and particulars of any cases in which dividends have not been paid in respect of a class in any of those years. The number of unissued shares of each class agreed to be issued and the amount payable thereof.

The nature of the consideration for the issue of any of the shares or debentures of the company issued or agreed to be issued otherwise than for cash. Particulars of the shares or debentures of any of the subsidiaries and proposed subsidiaries of the company which have, within the two years immediately preceding the dare of the statement, been issued or which are proposed to be issued otherwise than for cash and the nature of the consideration.

Particulars of the shares or debentures of the company or any of the subsidiaries and proposed subsidiaries which have, within two years immediately preceding the date of the statement, been issued for cash,stating. Where the shares or debentures of the company or any of the subsidiaries and proposed subsidiaries are under option,or agreed conditionallyor unconditionally to be put under option,. Where a property has been acquired or is proposed to be acquired by the company or any of the subsidiaries and proposed subsidiaries, except where the contract for the acquisition was either completed and a purchase money fully paid more than two years before the date of the statement, or entered into in the ordinary course of business and there is no connection between the contract and the incorporation of the company or the conversion from a private to a public company,.

Between the Saturdays, Sundays and public holidays excepted. Names, and the former names, addresses and business occupations of the directors of the company or proposed directors and Company Secretary, or proposed Company Secretary, and particulars of any other directorships held by the directors or proposed directors, in the manner prescribed by section of this Act.

Names, and addresses of accountants making the reports, if any, delivered for registration with this statement.

Signatures of the persons above-named as directors or proposed directors or of their agents authorised in writing Where the company, whether or not incorporated for more than fifteen months, at any time within the five years immediately preceding the date of the statement, has acquired a business or a subsidiary, or where at the date of the statement, the company proposes to acquire a business or a proposed subsidiary,.

Pursuant to subsection 8 of section of this Act, the prospectus shall state at the head a statement to the effect that,. For the financial soundness of the company of the value of the securities on offer, investors are advised to consult a dealer, investment advisor or any other professional for appropriate advice.

Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Establishment of the Office of the Registrar of Companies. Status of the Office of the Registrar of Companies.

Object and functions of the Office of the Registrar of Companies. Governing body of the Office of the Registrar of Companies.

Appointment of Registrar of Companies. Funds of the Office of the Registrar. The funds of the Office of the Registrar include a moneys approved by Parliament, b fees and charges accruing to the Office of the Registrar in the performance of the functions consisting of, i fees and charges in respect of services rendered by the Office of the Registrar, and ii proceeds from the sale of the Companies Bulletin and other publications of the Office of the Registrar; c donations and grants, d interests from investment, and e income from any other source approved by the Minister in consultation with the Minister responsible for Finance.

Management of the finances of the Office of the Registrar. Loans, bank accounts and investments. Annual report and other reports. Submission of periodic reports by Registrar. Inspection, copies and evidence of registered documents. Authentication of documents issued by Registrar. Enforcement of duty to make returns. Power of Registrar to obtain directions of the Court.

Extension to bodies corporate not registered under this Act. Application of the Electronic Transactions Act, Act Sections 24, 25, 27 and Constitution for a Private Company Limited by Shares Pursuant to section 18 of this Act, a company has the powers of a natural person of full capacity.

The powers of the board of directors are limited in accordance with sections and of this Act. The liability of the members of the company is limited.

Where the shares are divided into different classes, the rightsattached to a class may be varied with the written consent of theholders of at least three-fourths of the issued shares of that class orthe sanction of special resolution of the holders of the shares ofthat class. Subject to compliance with sections 62 to 65 of this Act, the company may exercise the powers conferred by section 61 of this Act to, a purchase its own shares; b acquire its own shares by a voluntary transfer to the company or nominees of the company; c forfeit in accordance with this constitution any shares issued with an unpaid liability for non-payment of calls or other sums payable in respect of those shares.

Share certificates shall be issued in accordance with section 55 of this Act. Calls on shares A call is made at the time when the resolution of the directorsauthorising the call is passed and may be required to be paid by instalments.

The joint holders of a share are jointly and severally liable to pay all calls in respect of that share. If a sum called in respect of a share is not paid before or on the day appointed for payment, the person from whom the sum is due shall pay interest on that sum from the date appointed for payment to the time of actual payment at the yearly rate not exceeding five percent as the board of directors may determine, but the board of directors shall be at liberty to waive payment of the interest in wholeor in part.

A sum which by the terms of issue of a share becomes payable on application for the shares or on allotment, or at a fixed date is, for the purposes of this constitution, a call duly made and payable on the date on which by the terms of issue the sum becomes payable, and in the case of non-payment, all the relevant provisions of this constitution as to payment of interest and expenses, forfeiture, sale or otherwise shall apply as if the sum had become payable by virtue of a call duly made and notified.

As between shares of the same class the company shall not differentiate between the holders as to the amount of calls to be paid or the times of payment. If the company receives from a shareholder all or any part of the moneys not presently payable or called upon any shares held by the member, the sum shall not be treated as a payment in respect of the shares until the sum becomes due and payable on those shares and in the meantime, shall be deemed to be a loan to the company upon which the company may pay interest at the rate prevailing as maybe agreed between the board of directors and the member.

Forfeiture of shares Where a shareholder fails to pay any call or instalment of a call, including a sum which is a call under clause 15, the board of directors may at any time after the failure during the time that a part of the call or instalment remains unpaid, serve a notice on the member requiring payment of so much of the call or instalment as is unpaid, together with the interest which may have accrued.

The notice shall state a further day not earlier than the expiration of fourteen days from the date of service of the notice on or before which the payment required by the notice is to be made, and shall state that, in the event of non-payment at or before the times appointed, the shares in respect of which the call was made will be liable to be forfeited. If the requirements of the notice are not complied with, a share in respect of which the notice was given may, before the payment required by the notice has been made, be forfeited by a resolution of the directors to that effect.

A forfeited share may be cancelled by alteration of this constitution or may be retained as a treasury share until sold or otherwise disposed of on the terms and in the manner that the board of directors considers fit. A person whose shares have been forfeited ceases to be a member in respect of the forfeited shares and is bound to surrender to the company for cancellation the share certificate or certificates in respect of the shares so forfeited but shall, despite that, remain liable to pay to the company the moneys which, at the date of the forfeiture, were payable by that person to the company in respect of the shares, but that liability shall cease if and when the company receives payment in full of the moneys in respect of the shares.

A statutory declaration in writing that the declarant is a director or the Company Secretary and that a share in the company has been duly forfeited on the date stated in the declaration, is conclusive evidence of the facts stated in the declaration as against the persons claiming to be entitled to the share. Lien l The company shall have a first and paramount lien on all sharesissued with an unpaid liability for the moneys, whether presentlypayable or not, called or payable at a fixed time in respect of that share.

Where a sum in respect of which the company has a lien is presentlypayable by the board of directors, after serving the noticerequired by clauses 18 and 19 of this Schedule, the company may atany time before the payment required by the notice has been made,sell a share on which the company has the lien instead of forfeitingthe share in accordance with clause The proceeds of the sale shall be received by the company and applied in payment of the part of the amount in respect of which the existing payable lien, and the residue shall, subject to a like lien for sums not presently payable, as existed upon the shares before the sale, be paid to the person entitled to the share at the date of the sale but, the company is not bound to make the payment unless and until that person has surrendered to the company for cancellation, the share certificate or certificates relating to the shares so sold.

Transfer and transmission of shares Subject to clause 4 a shares shall be transferable and transfers shall be registered in the manner provided by sections 98 and of this Act. In the event of the death of a member or in the event of the ownership of a share devolving upon a person by reason of that person being the legal personal representative, receiver, or trustee in bankruptcy of the holder, or by operation of law, section of this Act shall apply.

Dividends The company may, by ordinary resolution, declare dividends in respect of a year or any other period but, a dividend shall not exceed the amount recommended by the board of directors. A dividend shall not be paid unless, a the company will, after the payment, be able to pay its debts as they fall due; and b the amount of the payment does not exceed the amount of the retained earnings of the company immediately before making of the payment.

The board of directors may, before recommending a dividend, set aside out of the profits or retained earnings of the company, the sums that the board of directors think proper in order to provide for a known liability, including a disputed or contingent liability,or as a depreciation or replacement provision and may, carry forwardany profits or retained earnings which the board of directorsmay consider prudent not to distribute.

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