Law library · Sierra Leone · The Companies Act, 2009
Section 474, The Companies Act, 2009
In forceThe Companies Act, 2009, Sierra Leone
(1) If the Commission has reasonable cause to believethat a company is not carrying on business or is not in operation, it
may send to the company by post a letter enquiring whether the
company is carrying on business or is in operation.
(2) If the Commission does not, within one month of
sending the letter receive any answer to the letter, it shall, within 14
days after the expiration of the month send to the company by post
a registered letter referring to the first letter, and stating that no answer
338 339
Meetings to
ascertain
wishes of
creditors or
contributories.
Affidavits,
etc., in
Sierra Leone
elsewhere.
Judicial
notice of
signature
of officers.
declare
dissolution of
void.
to strike
defunct
off register.
Resolutions
passed at
adjourned
meetings
of creditors
and contributories
thereto has been received, and that if an answer is not received to the
second letter within one month from the date of sending the letter a
notice will be published in the Gazette and in a local newspaper with
a view to striking the name of the company off the register.
(3) If the Commission either receives an answer to the
effect that the company is not carrying on business or is not in
operation, or does not within one month after sending the second
letter receive any answer, it may publish in the Gazette and in a local
newspaper, and send to the company by post, a notice that at the
expiration of three months from the date of that notice the name of
the company mentioned in the letter will, unless cause is shown to
the contrary, be struck off the register and the company will be
dissolved.
(4) If, in a case where a company is being wound up, the
Commission has reasonable cause to believe either that no liquidator
is acting, or that the affairs of the company are fully wound up, and
the returns required to be made by the liquidator have not been made
for a period of six consecutive months, it shall publish in the Gazette
and in a local newspaper and send to the company or the liquidator,
if any, a notice as is provided in subsection (3).
(5) At the expiration of the time mentioned in the notice,
the Commission may, unless cause to the contrary is previously
shown by the company, strike its name off the register, and shall
publish notice of it in the Gazette and in a local newspaper, and on the
publication in the Gazette of this notice the company shall be
dissolved:
Provided that–
(a) the liability, if any, of every director, manager
officer, and member of the company shall
continue and may be enforced as if the
company had not been dissolved; and
(b) nothing in this subsection shall affect the
power of the court to wind up a company the
name of which has been struck off the register.
(6) If a company or any member or creditor thereof feels
aggrieved by the company having been struck off the register, the
court on an application made by the company or member or creditor
before the expiration of 20 years from the publication in the Gazette
and in the local newspaper may, if satisfied that the company was at
the time of the striking off carrying on business or in operation or
otherwise that it is just that the company be restored to the register,
order the name of the company to be restored to the register.
(7) On a certified copy of the order being delivered to the
Commission for registration, the company shall be deemed to have
continued in existence as if its name had not been struck off.
(8) The court may, by order give such directions and make
such provisions as it thinks just for placing the company and all
other persons in the same position as nearly as may be as if the name
of the company had not been struck off.
(9) A notice to be sent under this section to a liquidator
may be addressed to the liquidator at his last known place of business;
and a letter or notice to be sent under this section to a company may
be addressed to the company at its registered office, or, if no office
has been registered, to the care of some director or officer of the
(10) If there is no director or officer of the company whose
name and address are known to the Commission, the notice may be
sent to each of the persons who subscribed the memorandum,
addressed to him at the address mentioned in the memorandum.
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