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Memorandum and Articles of Association of Petroleum Development (Trucial Coast) Limited, and of Petroleum Development (Qatar) Limited [201v] (62/80)
The record is made up of 1 file (2 files, 40 folios). It was created in 1936. It was written in English. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .
Transcription
This transcription is created automatically. It may contain errors.
16
thereto, or to any other person, upon such terms and in such manner
as the Company in General Meeting may authorise, and at any
time before a sale or disposition the forfeiture may be cancelled
on such terms as the Directors think fit.
42. A shareholder whose shares have been forfeited shall cease
to be a member in respect of the forfeited shares, but shall notwith
standing the forfeiture remain liable to pay to the Company all
moneys which at the date of forfeiture were presently payable by
him to the Company in respect of the shares, with interest thereon
at seven per cent, per annum from the date of forfeiture until
payment.
43. A statutory declaration in writing that the declarant is a
Director of the Company and that a share has been duly forfeited on
a date stated in the declaration shall be conclusive evidence of the
facts therein stated as against all persons claiming to be entitled to
the share, and such declaration and the receipt of the Company for
the consideration (if any) given for the share on the sale or disposal
thereof shall constitute a good title to the share, and the person to
whom the share is sold or disposed of shall be registered as the
holder ot the share and shall not be bound to see to the application
of the purchase money (if any), nor shall his title to the share be
affected by any irregularity or invalidity in the proceedings in
reference to the forfeiture, sale, or disposal of the share.
ALTERATIONS OF CAPITAL.
44. The ( ompany in general meeting may by ordinary
resolution—
(а) consolidate and divide all or any of its share capital
into shares of larger amount than its existing shares.
(б) cancel any shares which, at the date of the passing
of the icsolution, have not been taken, or agreed to be taken,
b- an 3 person, and diminish the amount of its capital by
the amount of the shares so cancelled.
And may also by special resolution—
(c) sub-dhide its shares, or any of them, into shares
of smaller amount than is fixed by the Memorandum of
About this item
- Content
This file consists of two bound and printed pamphlets as follows:
1) Memorandum and Articles of Association of Petroleum Development ( Trucial Coast A name used by Britain from the nineteenth century to 1971 to refer to the present-day United Arab Emirates. ) Limited. Incorporated the 30th day of September, 1936. (folios 171-190).
2) Memorandum and Articles of Association of Petroleum Development (Qatar) Limited. Incorporated the 21st day of August, 1936. (folios 191-210).
- Extent and format
- 1 file (2 files, 40 folios)
- Physical characteristics
Condition: Two printed pamphlets with bound pages.
Foliation: The file's foliation sequence is written in pencil, circled, and is located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio.
- Written in
- English in Latin script View the complete information for this record
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Memorandum and Articles of Association of Petroleum Development (Trucial Coast) Limited, and of Petroleum Development (Qatar) Limited [201v] (62/80), British Library: India Office Records and Private Papers, IOR/R/15/1/749/3, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100035849171.0x00000a> [accessed 19 April 2024]
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Copyright: How to use this content
- Reference
- IOR/R/15/1/749/3
- Title
- Memorandum and Articles of Association of Petroleum Development (Trucial Coast) Limited, and of Petroleum Development (Qatar) Limited
- Pages
- 192r:209v
- Author
- Qatar Petroleum Company xx Petroleum Development (Qatar) Limited
- Usage terms
- The copyright status is unknown. Please contact copyright@bl.uk with any information you have regarding this item.