Consequences of temporary registration from the legal perspectives and issuance of the temporary certificate
From the date of the provisional certificate of continuity issuance by the Department of Registrar of Companies a legal entity is:
- considered established under the Law of the Republic and temporarily registered in the Republic for the purposes of the Law;
- It has obligations and is capable of exercising all its rights of a company registered under the Law;
- The revised constituent document of the company shall be considered the company’s Memorandum, and where appropriate, the Articles of Association of the company.