Companies Act, 2008 (Act No. 71 of 2008)RegulationsCompanies Regulations, 2011Chapter 2 : Formation, Administration and Dissolution of CompaniesPart F : Governance of Companies35. Pre-incorporation contracts |
See section 21(3)
(1) | A person may give notice to a company of a pre-incorporation contract or action contemplated in section 21 (1), by filing, and delivering to the company, a notice in Form CoR 35.1. |
(2) | If the board of a company has completely or partially rejected, or completely or partially ratified, a pre-incorporation contract or action of which it has received notice, as contemplated in section 21 (3), the company must, within five business days— |
(a) | file a notice of its decision with respect to that contract or action in Form CoR 35.2; and |
(b) | deliver a copy of that notice to each person who is a party to the contract or materially affected by the action. |