Section 145
of International Business Companies Order, 2000
Section 145
(1)
Subject to section 13, if, on an application under section 144, the Registrar is satisfied that the requirements of this Part with respect to the conversion of a foreign company as an IBC have been complied with, he shall register the Memorandum and Articles which accompanied the application.
Incorporating amendments until S 53/2017
(Clean Vesion) NANI/zimah _ as of 11 February 2020
122
BLUV as at 20th June 2017
(2)
For the purposes of subsection (1), the Registrar may treat the certificate given under section 144(1)(c) as sufficient evidence of the matters certified.
(3)
On the registration of Memorandum and Articles under subsection (1) the
Registrar shall issue a certificate of conversion of the foreign company into an IBC; and section 12 shall apply in relation to such a certificate as it applies in relation to a certificate of incorporation issued under section 11(3).
(4)
Subject to section 147, a certificate issued under subsection (3) shall be prima facie evidence of compliance with the requirements of this Order as to the conversion of a foreign company into an IBC.
(5)
When the Registrar issues a certificate under subsection (3) in respect of a foreign company, the company shall, as soon as possible, file with the Registrar a certificate or other document issued under the law of the jurisdiction in which it was last incorporated certifying that it has ceased to be incorporated under that law.
Effect of conversion.