Law library · Sierra Leone · The Companies Act, 2009
Section 204, The Companies Act, 2009
In forceThe Companies Act, 2009, Sierra Leone
(1) Subject to paragraph (b) of subsection (10) of section 42 a printed copy of every resolution or agreement to which this
section applies shall, within 15 days after the passing or making of
the resolution or agreement as the case may be, be forwarded to the
(2) Where pursuant to sections 40 to 42 a company by
special resolution alters a provision of its memorandum and the
Commission is satisfied that the alteration is not in compliance with
the applicable provisions of those sections, it may refuse to file a
copy of the resolution in its records, and shall notify the company
accordingly; and any person aggrieved by the refusal may appeal to
the court within 21 days from the receipt of the notification.
(3) A copy of every resolution or agreement for the time
being in force shall be embodied in or annexed to every copy of the
articles issued after the passing of the resolution or the making of
the agreement.
(4) This section applies to–
(a) special resolutions;
(b) resolutions which have been agreed to by all
the members of the company, but which , if
not so agreed, would not have been effective
for their purpose unless as the case may be,
they had been passed as a special resolution;
(c) resolutions or agreements which have been
agreed to by all the members of any class of
shareholders but which, if not so agreed to,
would not have been effective for their
purpose, unless they have been passed by
some particular majority or otherwise in some
particular manner, and all resolutions and
agreements which effectively bind all the
members of any class of shareholders though
not agreed to by all those members; and
(d) a resolution requiring the company to be
wound up voluntarily, passed under
paragraph (a) of subsection (1) of section 402.
(5) If a company fails to comply with subsection (3) the
guilty of an offence and be liable to a fine not exceeding Le3,000,000.
(6) For the purposes of subsections (4) and (5), a
liquidator of the company shall be deemed to be an officer of the
Resolutions
requiring
special notice.
and copies of
resolutions.
152 153
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