Companies Act · 2021 Revised Edition · Part 6
287H. Effect of restoration
Official textFrom Attorney General's Chambers, unchanged
If the name of a company is restored to the register under section 287F(2) or 2876, or on appeal to the Court under section 287F(5) the company is to be regarded as having continued in existence as if its name had not been struck off the register.
The company and its directors, or every authorised representatives of a foreign company, are not liable to a penalty under section 312 for a financial year in relation to which the period for filing its profit and loss accounts and balance sheet and other related documents ended -
foreign company
"foreign company" means any company incorporated outside Brunei Darussalam which has established a place of business in Brunei Darussalam under Part 9;
after the date of dissolution or striking off; and
before the restoration of the name of the company to the register.
On the application by any person, the Court may give such directions and make such orders as it seems just for placing the company and all other persons in the same position (as nearly as may be) as if the company had not been dissolved or its name had not been struck off the register.
An application to the Court for such directions or orders may be made any time within 3 years after the date of restoration of the name of the company to the register.
Terms defined in this Act
accounts
Defined · s 2"accounts" means profit and loss accounts, or income and expenditure accounts, and balance sheets referred to in section 122 and includes notes (other than auditors' reports or directors' reports) attached or intended to be read with any of those profit and loss accounts, income and expenditure accounts or balance sheets;
balance sheet
Defined · s 120A"balance sheet", in relation to a company, means the balance sheet, -. by whatever name called, prepared in accordance with the Accounting Standards;
financial year
Defined · s 2"financial year", in relation to any corporation, means the period in respect of which any profit and loss account of the corporation laid before it in general meeting is made up, whether that period is a year or not;
foreign company
Defined · s 2"foreign company" means any company incorporated outside Brunei Darussalam which has established a place of business in Brunei Darussalam under Part 9;
Part 7
Part 8
Part 9
Part
Restrictions on Sale of Shares and Offers of Shares for Sale
Part
Prohibition of Partnerships with More Than Twenty Members
Part