Chapter 2: Formation, Administration and Dissolution of Companies
Part F: Governance of companies
R35: Pre-incorporation contracts
- (1) A person may give notice to a company of a pre-incorporation contract or action contemplated in section 21 (1), by filing, and delivering to the company, a notice in Form CoR 35.1.
- (2) If the board of a company has completely or partially rejected, or completely or partially ratified, a pre-incorporation contract or action of which it has received notice, as contemplated in section 21 (3), the company must, within five business days-
- (a) file a notice of its decision with respect to that contract or action in Form CoR 35.2; and
- (b) deliver a copy of that notice to each person who is a party to the contract or materially affected by the action.
No related regulations.
No related sections.
No related note.