Companies Act (Cap. 386)
Companies Act (Cap. 386), article 353
353. (1) Upon the amalgamation of two or more companies
which has become effective either through the lapse of the peri od
referred to in article 351 or, where objection is made under th at
article, by decision of the court, the Registrar shall strike t he name
of the companies being acquired off the register and issue a
certificate of registration, altered to meet the circumstances of the
case and denoting the fact of the merger for the acquiring comp any;
and where an amalgamation which has been registered under this
Part does not become effective pu rsuant to a decision of the co urt
under article 351, the Registrar shall amend the registration
accordingly.
(2) The Registrar shall in respect of every one of the
amalgamating companies, either proceed to publish a notice of t he
amalgamation after it has become effective or to publish a noti ce
that the amalgamation has not become effective pursuant to a
decision of the court under article 351, in both cases as speci fied in
sub-article (1).
Consequences of
amalgamation.
Amended by:
IV . 2003.130;
II. 2004.60;
XIX. 2010.40.
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.