Public Notice 220519 – Failure to hold an AGM

The form is always available to download and submit on paper.

BIPA published this document as an image. The text below was read by machine and may contain errors — the downloadable file is authoritative.

BUSINESS AND INTELLECTUAL

pa PROPERTY AUTHORITY

Protecting Entre} ip and I

Notice: Failure to hold an AGM

In terms of Section 187(8) of the Namibia Companies Act, 2004

(Act 28 of 2004) a company must notify the Registrar as to the

omission of an annual general meeting for the previous financial

year.

A Company which has failed to hold its annual general meeting

within the time or extended time contemplated in subsection (1)

or (4), or as directed by the Registrar under subsection (5), is

further liable to pay to the Registrar the prescribed additional fee

for every day during which the default continues but not exceeding

the prescribed maximum fee.

This Notice serves to inform the

public that as of 1 July 2019 the date

of the Annual General Meeting held

in respect of previous financial year

(if an extension of time was applied

for a statement in that regard) must

be inserted on the Annual Return

(Part A) on CM23.

Please note that as of the date

indicated above, CM23 forms, which

do not reflect the date on which the

AGM of the previous financial year

was held, will not be accepted by the

BIPA office.

21/05/2019