Section 14
Section 14
(2)
A company shall not be formed for any unlawful purpose.
(3)
The application for incorporation under this section shall include a statement by every person who desires to form a company containing the following particulars:
(a)
the name of the proposed company;
(b)
the status of whether the company is private or public;
(c)
the nature of business of the proposed company;
(d)
the proposed address of the registered office of the proposed company;
(e)
the name, identification, nationality and the ordinary place of residence of every person who is to be a member of the company and, where any of these persons is a body corporate, the corporate name, place of incorporation, registration number and the registered office of the body corporate;
(f)
the name, identification, nationality and the principal place of residence of every person who is to be a director;
56
(g)
the name, identification, nationality and the principal place of residence of the secretary, if any;
(h)
in the case of a company limited by shares, the details of class and number of shares to be taken by a member;
(i)
in the case of a company limited by guarantee, the amount up to which the member undertakes to contribute to the assets of the company in the event of its being wound up; and
(j)
any other information as the Registrar may require.
(4)
The application for incorporation shall be accompanied by a statement from each promoter or director confirming—
(a)
his consent to act as a promoter or to his appointment as a director, as the case may be; and
(b)
that he is not disqualified under this Act to act as a promoter or a director, as the case may be.