Nevis Business Corporation Ordinance 1984 - Intax Info

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128. Deputy Registrar 129. Certificate of Good Standing 4 www.bbp-net.com www.bbp-net.ru www.bbp-incorporations.co.uk
PART I - GENERAL PROVISIONS Short Title 1. This Ordinance shall be known as the “Nevis Business Corporation Ordinance 1984” Interpretation 2. In this Ordinance, unless the context otherwise requires, the term: “Articles of incorporation” includes (i) the original articles of incorporation or any other instrument filed or issued under any law to form a domestic or foreign corporation, amended, supplemented, corrected or restated by articles of amendment, merger or consolidation, or other instruments filed or issued under any law; or (ii) a special law or charter creating a domestic or foreign corporation, as amended, supplemented or restated. “Board” means board of directors. “Corporation” or “domestic corporation” means a corporation for profit formed under this Ordinance, or existing on its effective date and theretofore formed under any other ordinance of the Nevis Island Assembly. “Deputy Registrar” means the person or persons appointed by the Minister to assist the Registrar of Companies in performing his duties under this Ordinance. “High Court” means High Court having jurisdiction in St. Kitts and Nevis. “Insolvent” means being unable to pay debts as they become due in the usual course of the debtor's business. “Minister of Finance” means the Minister for the time being charged with the responsibility of Finance in the Nevis Island Administration. “Registrar of Companies” means the person appointed by the Minister to perform the duties of Registrar under this Ordinance. “Treasury shares” means shares which have been issued, have been subsequently acquired, and are retained uncancelled by the corporation. Application of Ordinance 3.(1) Any corporation or company created prior to the effective date of this Ordinance may at anytime subject itself to the provisions of this Ordinance by amending its articles of incorporation in accordance with the manner prescribed by Part IX. Any corporation formed or subject to this Ordinance which does business in Nevis shall be subject to and comply with all requirements of the Companies Ordinance in the same manner as a company formed thereunder. (2) A corporation to which the Banking Law or Insurance Law is applicable shall also be subject to this Ordinance, but the Banking Law or Insurance Law, as the case may be, shall prevail over any conflicting provisions of this Ordinance. 5 www.bbp-net.com www.bbp-net.ru www.bbp-incorporations.co.uk
Page 1 and 2: NEVIS BUSINESS CORPORATION ORDINANC
Page 3: 87. Right of dissenting shareholder
Page 7 and 8: copy with the original signed and a
Page 9 and 10: any interest therein. (6) To purcha
Page 11 and 12: 17.(1) A corporation subject to thi
Page 13 and 14: Index of names of corporations 23.
Page 15 and 16: 26. The articles of incorporation m
Page 17 and 18: of the restriction. Any restriction
Page 19 and 20: (3) The stated capital of a corpora
Page 21 and 22: purchase price thereof shall not ex
Page 23 and 24: (2) Each director shall hold office
Page 25 and 26: Meetings of the board 52.(1) Meetin
Page 27 and 28: (4) Expenses incurred in defending
Page 29 and 30: (4) When a meeting is adjourned to
Page 31 and 32: see fit. This right, when exercised
Page 33 and 34: of this Part applicable to the orig
Page 35 and 36: PART VIII - CORPORATE RECORDS AND R
Page 37 and 38: Class voting on amendment 84. Notwi
Page 39 and 40: “Surviving corporation” means t
Page 41 and 42: Effect of merger or consolidation 9
Page 43 and 44: corporation not made in the usual a
Page 45 and 46: in accordance with the provisions o
Page 47 and 48: may allow them against any remainin
Page 49 and 50: liabilities of said corporation inc
Page 51 and 52: any of the documents or certificate
Page 53 and 54: Limitation of section 123A 123B. Th
Page 55:
PROVIDED that such a corporation ca
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Nevis Business Corporation Ordinance 1984 - Intax Info

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