Companies formed for an illegal purpose definition

A company with a constitution proposing an offence against the general law cannot properly be registered. And where such company is registered, its objects may not be rendered legal. However, the effect of the Companies Act 2006 s 15(4) with regard to the conclusiveness of the certificate of incorporation is that the courts will recognise the corporate existence of a company all of whose objects are transparently illegal, while the certificate remains unrevoked. If only a few of the provisions of a company's constitution are illegal, this does not necessarily make the company an illegal one, or prevent the court from giving effect to the rules that are legal. In other words, where a company fails to comply with the statutory requirements for a particular regulated business, it is not an illegal company but merely liable to