Companies Act (Cap. 386)
Companies Act (Cap. 386), article 146
146. ( 1 ) E v e r y c o m p a n y s h a l l s e n d t o t h e R e g i s t r a r f o r
registration a return of any chan ge among its directors, or com pany
secretary or in the representation of the company, specifying t he
date of the change, together with the name and residence or nam e,
registered office and registration number, as the case may be, of any new
director or company secretary, within fourteen days from the
happening thereof:
Provided that the Registrar may, before registering the
return, take such steps and require such information as he may
deem necessary to ascertain the correctness of the return and to
determine whether the provisions of this Act have been complied
with:
Provided further that the person appointed by an order of the
Court or by a competent authority as administrator, legal and, or
judicial representativ e or as the person de facto responsible for the
management and administration of a company shall, within fourte en
(14) days from said appointment, submit to the Registrar for
registration a return in the prescribed form specifying the date of
appointment, together with the name and residence or service ad dress,
or name, registered office and registration number, as the case may be.
The said administrator, legal and, or judicial representative o r person
de facto responsible for the management and administration of the
company shall, within fourteen (1 4) days from resigning or from being
removed from the said office, submit to the Registrar for regis tration a
return in the prescribed form .
(2) If default is made in complying with the provisions of sub-
article (1), every officer of the company who is in default sha ll be
liable to a penalty, and, for every day during which the defaul t
continues, to a further penalty.
Joint and several
liability of
directors for breach
of duty.
Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.