G.N. 985 of Companies Registry

The document specifies two new forms under the Companies Ordinance (Chapter 622) effective April 17, 2025. Form NSC22 is for the Return of Sale or Transfer of Treasury Shares, requiring details such as transaction dates, share types, and amounts, to be submitted within 15 days of the sale or transfer. Form NSC23 is for the Return of Cancellation of Treasury Shares, detailing the cancellation process and requiring similar information regarding share classes and capital statements post-cancellation. Both forms must be signed by a director or company secretary and submitted to the Companies Registry, with instructions and examples provided for completion clarity. Resources: https://www.cr.gov.hk/en/publications/docs/egn20252908985.pdf