Companies Act (Cap. 386)
Companies Act (Cap. 386), article 339
339. (1) Upon the amalgamation of two or more commercial
partnerships which has become effective either through the laps e of
the period referred to in article 341 or where objection is mad e
under that article, by a decision of the court, the Registrar s hall
strike the name of the commercia l partnership or of each of the
commercial partnerships ceasing t o exist off the register and s hall,
according to the case, either issu e a new certificate of regist ration
for the new commercial partner ship denoting the fact of the
formation of the commercial partnership as a result of the
amalgamation, or issue a certific ate of registration altered to meet
the circumstances of the case and denoting the fact of the
COMP ANIES [CAP. 386. 215
amalgamation for the acquiring co mmercial partnership; and wher e
an amalgamation which has been registered under this article
becomes ineffective by a decision of the court under article 34 1, the
Registrar shall amend th e registration accordingly.
(2) The Registrar shall, in the cases specified i n sub-article ( 1),
in respect of every one of t he amalgamating commercial
partnerships, either proceed to publish the amalgamation after it
has become effective or to publi sh a notice that the amalgamati on
has become ineffective by decisi on of the court under article 3 41,
in accordance with the provi sions of article 401(1)( e).
Partners with
unlimited liability
to remain bound
unless creditors
consent to
amalgamation.
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.