Section 147
of International Business Companies Order, 2000
ORDERIn forceProvision 148 of 189
Section 147
(1)
If the Registrar is satisfied that –
(a)
a foreign company has become an IBC under this Part; and
(b)
the company continues to be incorporated under the law of a jurisdiction outside Brunei Darussalam, the Registrar may, in his absolute discretion, on the application of the Authority, the company or any of its members, directors or creditors, make such order as he thinks fit for the removal of the IBC from the register.
(2)
Subsection