Guidelines for Naming a Company Essay

1694 Words7 Pages
GUIDELINES FOR NAMING A COMPANY 1. APPLICATION This guideline is applicable to all applications for registration of name for incorporation of a company or change of name of a company. 2. THE PROVISIONS OF THE LAW The Companies Act 1965 (the Act) provides that before a company or its change of name is registered, the Minister of Domestic Trade and Consumer Affairs or the Registrar of Companies must first approve the name or the new name of the company respectively accordingly. The statutory provision under section 22(1) of the Act provides that, except with the consent of the Minister, a company shall not be registered by a name that, in the opinion of the Registrar, is undesirable or is a name, or a kind of name, that the Minister has directed the Registrar not to accept for registration. Similar provision which is applicable for foreign companies is contained in section 341(1) of the Act. By virtue of the said provisions, the Registrar is subject to the following prohibitions or restrictions when considering an application for a company name: o Prohibitions in the use of names included under the Minister’s direction; and o Any such name, which in the opinion of the Registrar, is undesirable. PROHIBITIONS MINISTER BY VIRTUE OF THE DIRECTION OF THE The Direction of the Minister is as gazetted under Government Gazette No. 716 dated 30 January 1997 and Gazette (Amendment) dated 11 October 2001. The contents of the Direction from the Minister are as follows – (a) Names suggesting connection with a members of the Royal family or Royal patronage including names containing such words as “Royal”, “King”, “Queen”, “Prince”, “Princess”, “Crown”, “Regent” or “Imperial”; (b) Names suggesting connection with a State or Federal government department, statutory body, authority or government agency or any municipality or

More about Guidelines for Naming a Company Essay

Open Document