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Law library · Sierra Leone · The Companies Act, 2009

Section 32, The Companies Act, 2009

In forceThe Companies Act, 2009, Sierra Leone

(1) After the commencement of this Act, a company shallbe formed in the manner set out in this section. (2) There shall be delivered to the Commission– (a) the memorandum of association of the (b) the notice of the address of the registered office of the company and the head office if different from the registered office, but the postal box address or a private bag address shall not be accepted by the Commission as the registered office; (c) a statement containing– (i) the list and particulars together with the consent of the persons who are to be the first directors of the company; (ii) the person who is or the persons who are to be the first secretary or joint secretaries of the company; (d) a declaration by the subscribers stating– (i) the names and addresses of the subscribers; (ii) the share capital of the company; (iii) the number of shares to be issued to each subscriber; and (iv) that twenty five percent of the shares have been subscribed; (e) a declaration by the suscribers that they have complied with the requirement of the law; and (f) any other document required by the Commission to satisfy the requirement of any law relating to the formation of a company. (3) Where the Commission refuses a statutory declaration, it shall, within 14 days of the date of receipt of the declaration send to the declarant a notice of its refusal, giving reasons for the refusal.

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