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Section 193: Execution of documents(cid:3)

Insolvency Act · PART III: WINDING UP AND ALTERNATIVES

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

193. Execution of documents(cid:3) (1) A receiver may execute in the name and on behalf of the company every document necessary or incidental to the exercise of the receiver’s powers.(cid:3) (2) A document signed on behalf of a company by a receiver shall be deemed to have been properly signed on behalf of the company for the purpose of section 181 of the Companies Act.(cid:3) (3) Notwithstanding any other enactment, or the constitution of a company that is a chargor, where the instrument under which a receiver is appointed empowers him to execute a document, the receiver may execute the document in the name and on behalf of the company. [S. 193 amended by s. 11 (i) of Act 4 of 2017 w.e.f. 20 May 2017.]

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