3 Appointment

The first directors of a company are those named in the statement of the company’s proposed officers which has to be delivered to the registrar on the formation of the company. The statement sets out the required particulars of each director and secretary, and includes a statement by the subscribers to the memorandum of association that each of the persons named as a director, as secretary or as one of the joint secretaries has consented to act in the relevant capacity1. One of the effects of registration of the company is that, as from the date

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