Obligations of company with respect to articles etcU.K.
901Obligations of company with respect to articles etcU.K.
(1)This section applies—
(a)to any order under section 899 (order sanctioning compromise or arrangement), and
(b)to any order under section 900 (order facilitating reconstruction or amalgamation) that alters the company's constitution.
(2)If the order amends—
(a)the company's articles, or
(b)any resolution or agreement to which Chapter 3 of Part 3 applies (resolution or agreement affecting a company's constitution),
the copy of the order delivered to the registrar by the company under section 899(4) or section 900(6) must be accompanied by a copy of the company's articles, or the resolution or agreement in question, as amended.
(3)Every copy of the company's articles issued by the company after the order is made must be accompanied by a copy of the order, unless the effect of the order has been incorporated into the articles by amendment.
(4)In this section—
(a)references to the effect of the order include the effect of the compromise or arrangement to which the order relates; and
(b)in the case of a company not having articles, references to its articles shall be read as references to the instrument constituting the company or defining its constitution.
(5)If a company makes default in complying with this section an offence is committed by—
(a)the company, and
(b)every officer of the company who is in default.
(6)A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale.