Companies law jersey 2008

  • What are the different types of companies in Jersey?

    Types of Jersey Companies

    PAR VALUE COMPANY.
    A par value company can issue shares that have a nominal capital (or par) value. NO PAR VALUE COMPANY. GUARANTEE COMPANY. UNLIMITED COMPANY. SINGLE MEMBER COMPANY. PUBLIC AND PRIVATE COMPANIES. CELL COMPANIES. LIMITED LIABILITY COMPANIES..

  • What is Article 157A of the companies Jersey Law 1991?

    Articles 15.

    1. A - C of the Companies (Jersey) Law 1991 (the “Law”), provide that a creditor may apply to the Royal Court for an Order for a Jersey incorporated company to be wound up and a liquidator appointed (“the Application”)

  • What is the merger law in the Jersey?

    Under Jersey law, two or more companies can combine, or 'merge', into a single entity, with all assets and liabilities of each merging company automatically becoming those of the surviving merged entity..

  • What is the Moi of companies Act 2008?

    Memorandum of Incorporation is defined in the Companies Act, 71 of 2008 as the document, that sets out rights, duties and responsibilities of shareholders, directors and others within and in relation to a company, (corporate governance) and other matters as contemplated in section 15, and by which- a) the company was .

  • A Jersey Company is created by way of a written document; the Memorandum of Association (or its equivalent in other jurisdictions).
    That document sets out the name of the Company, the location of its registered office and the objects of what the Company will do.
  • Section 35 of the Act describes the legal nature of shares and states that a share that is held by a shareholder, is movable property that is transferable from one person to another, subject to law.
  • Under art 127 of the Companies (Jersey) Law 1991 the Royal Court has a broad range of powers which can be utilised by a company seeking approval for a scheme of arrangement.
    For those powers to be engaged, the court must be satisfied that what is proposed amounts to a reconstruction of the company.
(1) In this Part, 'distribution', in respect of a company, means every description of distribution of the company's assets to its members as members, whether in  Article 1 amendedArticle 13 amendedArticle 55 amendedArticle 104 amended

Can a Jersey company merge with another Jersey company?

A relevant Jersey company may merge, subject to the requirements of this Part, with one or more bodies falling within any one or more of paragraphs (2) to (4)

A body falls within this paragraph if it is another relevant Jersey company

Where can I find information about Jersey laws?

The legislation listed below is relevant for the work of the Companies Registry the links will direct you to the Jersey Legal Information Board website, where Jersey laws are published

Legislation for the work of the Companies Registry the links will direct you to the Jersey Legal Information Board website


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