[COM 58] Certificate of registration58 

58

(1) Upon registration of the foreign company, the Registrar must issue the foreign company with a certificate of registration in the prescribed form certifying that the foreign company has complied with the requirements of this section.

(2) From the date of registration specified in the certificate of registration, the subscribers to the memorandum, together with such other persons as may, from time to time, become members of the foreign company, shall be a foreign company by the name specified in the certificate of registration, capable of suing and being sued and of exercising all the functions of an incorporated company, with power to hold land and having perpetual succession, but with such liability on the part of the members to contribute to the assets of the company in the event of it being wound up as is mentioned in this Act.