Introduction
The general partner of an exempted limited partnership
(
ELP) registered in the Cayman Islands may apply
for the ELP to be deregistered by way of continuation, pursuant to
section 43 of the Exempted Limited Partnership Act (the
Act). An ELP is capable of being deregistered,
pursuant to the Act, if:
it is transferring by way of continuation to a jurisdiction
which permits or does not prohibit such a transfer;
the ELP is in good standing with the Registrar of Limited
Partnerships (the
Registrar) and all outstanding
fees are paid; and
the Registrar is not aware of any reason of public interest why
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Introduction
An exempted company (a
Company) incorporated in
the Cayman Islands may apply to be deregistered by way of
continuation pursuant to section 206 of the Companies Act (the
Act). A Company is capable of being deregistered
pursuant to the Act if:
it has limited liability and a share capital;
it is to be registered by way of continuation to a jurisdiction
which permits or does not prohibit such a transfer;
its memorandum and articles of association permit such a
transfer; and
the Registrar of Companies (the
Registrar) is
not aware of any reason of public interest why it should not be
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Electronic signatures or e-signatures have been in use in Canada
for over two decades. Their use and acceptance have become more
necessary and more widely accepted because of the COVID-19
pandemic, as people have to rely on the use of e-signatures in
situations where they would have previously provided their
signatures in-person.
Currently, in Alberta most commercial agreements can be signed
electronically except where expressly excluded by the parties,
including, but not limited to: (i) sales agreements; (ii) service
agreements; (iii) user manuals; (iv) purchase orders; (v) lease
Introduction
The BVI continues to be a popular place in which to establish
asset holding companies and joint venture companies due to its
flexible corporate legislation and widely respected commercial
court.
This guide examines the main rights of a shareholder in a BVI
company and the potential remedies available to a shareholder when
things go wrong.
Principal sources
BVI Business Companies Act 2004 (the
Companies Act);
Insolvency Act 2003 (the Insolvency
Act); and
company s memorandum and articles
of association (M&A).
This guide assumes that the company has a single class of shares
and relatively standard M&A.
BVI company law basics