CAP. 32]
¡
[s. 21 cont.]
Change of
Companies.
cease to enjoy the exemptions and privileges granted by this section : Provided that, before a licence is so revoked, the Governor shall give to the association notice in writing of his intention, and shall afford the association an opportunity of being heard in opposition to the revocation.
(5) Where the name of the association contains the words "Chamber of Commerce", the notice to be given as aforesaid shall include a statement of the effect of the provisions of subsection (3) of the next following section. [20
22.(1) A company may, by special resolution and with the approval of the Governor signified in writing, change its name.
19 & 20 Geo. 5, c. 23, s. 19. 1 of 1949, s. 5.
(2) If a company, through inadvertence or otherwise, is, without such consent as is mentioned in paragraph (a) of subsection (1) of section 20 registered by a name which is identical with that by which a company in existence is previously registered, or which so nearly resembles that name as to be calculated to deceive, the first-mentioned company may change its name with the sanction of the Registrar.
(3) Where a licence granted in pursuance of the last foregoing section of this Ordinance to a company the name of which contains the words "Chamber of Commerce" is revoked, the company shall, within a period of six weeks from the date of the revocation or such longer period as the Governor may think fit to allow, change its name to a name which does not contain those words. If a company makes default in complying with the requirements of this subsection, it shall be liable to a fine of five hundred dollars for every day during which the default continues.
(4) Where a company changes its name, the Registrar shall enter the new name on the register in place of the former name, and shall issue a certificate of incorporation altered to meet the circumstances of the case.
(5) The change of name shall not affect any rights or obligations of the company, or render defective any legal proceedings by or against the company, and any legal proceedings that might have been continued or commenced against it by its former name may be continued or commenced against it by its new name.
26
[21
CAP. 32]
¡
[s. 21 cont.]
Change of
Companies.
cease to enjoy the exemptions and privileges granted by this section : Provided that, before a licence is so revoked, the Governor shall give to the association notice in writing of his intention, and shall afford the association an opportunity of being heard in opposition to the revocation.
(5) Where the name of the association contains the words "Chamber of Commerce", the notice to be given as aforesaid shall include a statement of the effect of the provi- sions of subsection (3) of the next following section. [20
22..(1) A company may, by special resolution and with 19 & 20 Geo. 5, the approval of the Governor signified in writing, change its
name.
c. 23, s. 19.
1 of 1949, s. 5.
name.
(2) If a company, through inadvertence or otherwise, is, without such consent as is mentioned in paragraph (a) of subsection (1) of section 20 registered by a name which is identical with that by which a company in existence is previ- ously registered, or which so nearly resembles that name as to be calculated to deceive, the first-mentioned company may change its name with the sanction of the Registrar.
(3) Where a licence granted in pursuance of the last foregoing section of this Ordinance to a company the name of which contains the words "Chamber of Commerce" is revoked, the company shall, within a period of six weeks from the date of the revocation or such longer period as the Governor may think fit to allow, change its name to a name which does not contain those words. If a company makes default in complying with the requirements of this subsection, it shall be liable to a fine of five hundred dollars for every day during which the default continues.
(4) Where a company changes its name, the Registrar shall enter the new name on the register in place of the former name, and shall issue a certificate of incorporation altered to meet the circumstances of the case.
(5) The change of name shall not affect any rights or obligations of the company, or render defective any legal proceedings by or against the company, and any legal pro- ceedings that might have been continued or commenced against it by its former name may be continued or commenced against it by its new name.
26
[21
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