Hong Kong Ordinances

COMPANIES ORDINANCE - SECT 16

Effect of registration

(Past version on 30/06/1997).

(1) On the registration of a company's incorporation form and copies of its
memorandum and articles, if any, certified under section 15, the Registrar
shall issue a certificate, with his signature or his printed signature,
certifying that the company is incorporated and, in the case of a limited
company, that the company is limited. (Amended 83 of 1995 s. 3)

(2) From the date of incorporation mentioned in the certificate of
incorporation, the founder members, together with such other persons as may
from time to time become members of the company, shall be a body corporate by
the name contained in the memorandum, capable forthwith of exercising all the
functions of an incorporated company, and having perpetual succession and a
common seal, but with such liability on the part of the members to contribute
to the assets of the company in the event of its being wound up as is
mentioned in this Ordinance. (Amended 30 of 2004 s. 2) [cf. 1929 c. 23 s. 13
U.K.]