34
CAP. 32]
Companies
[1984 Ed.
(51 of 1978.) [*7.7.78.)
Change of name. 1929 c. 23. s. 19.
cf. 1948 c. 38, s. 18(2).]
Power of Registrar to require company to abandon
misleading name.
1967 c. 81, s. 46.
“Limited" to its name) is in force at the commencement* of the Companies (Amendment) Ordinance 1978 as if such licence had been granted under this section after the commencement of that Ordinance.
(Replaced, 51 of 1978, s. 2)
22. (1) A company may, by special resolution and with the approval of the Registrar signified in writing, change its name. (Amended, 1 of 1949, s. 5 and 4 of 1976, s. 3)
(2) If, through inadvertence or otherwise, a company on its first registration, or on its registration by a new name, is registered by a name which in the opinion of the Registrar contravenes section 20 or any other provision in that behalf, whether in this Ordinance or otherwise, the company shall within a period of 6 weeks from the date of its being required by the Registrar to do so, or such longer period as the Registrar may think fit to allow, change its name to a name approved by the Registrar. If a company makes default in complying with the requirements of this subsection, it shall be liable to a fine of $500 for every day during which the default continues. (Replaced, 36 of 1977, s. 3)
(3) [Deleted, 51 of 1978, s. 3]
(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.
22A. (1) If in the opinion of the Registrar the name by which a company is registered gives so misleading an indication of the nature of its activities as to be likely to cause harm to the public, he may direct it to change its name.
(2) A direction given under this section to a company shall, if not duly made the subject of an application under subsection (3) to the court, be complied with within a period of 6 weeks from the date of the direction or such longer period as the Registrar may think fit to allow.
(3) A company to which a direction is given under this section may, within a period of 3 weeks from the date of the direction, apply to the court to set the direction aside, and the court may set it aside or confirm it; and if it confirms it, it shall specify a period within which it shall be complied with.
(4) If a company makes default in complying with a direction under this section, it shall be liable to a fine of $500 for every day during which the default continues.
34
CAP. 32]
Companies
[1984 Ed.
(51 of 1978.) [*7.7.78.)
Change of name. 1929 c. 23. s. 19.
fcf. 1948 c. 38, s. 18(2).]
Power of Registrar to require company to abandon
misleading name.
1967 c. 81, s. 46.
“Limited" to its name) is in force at the commencement* of the Companies (Amendment) Ordinance 1978 as if such licence had been granted under this section after the commencement of that Ordinance.
(Replaced, 51 of 1978, s. 2)
22. (1) A company may, by special resolution and with the approval of the Registrar signified in writing, change its name. (Amended, 1 of 1949, s. 5 and 4 of 1976, s. 3)
(2) If, through inadvertence or otherwise, a company on its first registration, or on its registration by a new name, is registered by a name which in the opinion of the Registrar contravenes section 20 or any other provision in that behalf, whether in this Ordinance or otherwise, the company shall within a period of 6 weeks from the date of its being required by the Registrar to do so, or such longer period as the Registrar may think fit to allow, change its name to a name approved by the Registrar. If a company makes default in complying with the requirements of this subsection, it shall be liable to a fing of $500 for every day during which the default continues. (Replaced, 36 of 1977, s. 3)
(3) [Deleted, 51 of 1978, s. 3]
(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 obliga- tions 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.
22A. (1) If in the opinion of the Registrar the name by which a company is registered gives so misleading an indication of the nature of its activities as to be likely to cause harm to the public, he may direct it to change its name.
(2) A direction given under this section to a company shall, if not duly made the subject of an application under subsection (3) to the court, be complied with within a period of 6 weeks from the date of the direction or such longer period as the Registrar may think fit to allow.
(3) A company to which a direction is given under this section may, within a period of 3 weeks from the date of the direction, apply to the court to set the direction aside, and the court may set it aside or confirm it; and if it confirms it, it shall specify a period within which it shall be complied with.
(4) If a company makes default in complying with a direction under this section, it shall be liable to a fine of $500 for every day during which the default continues.
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