100 Changing company name from “Limited” to “Berhad”, etc

Changing company name from “Limited” to “Berhad”, etc

Upon the commencement of this Act, a company which has the word “Limited” as the last word of its name shall be deemed to have changed its name by substituting the word “Limited” with the word “Berhad ”. A company which has the abbreviation “Ltd.” at the end of its name shall be deemed to have altered its name by substituting the abbreviation “Ltd.” with the abbreviation “Bhd ”. In the case of an unlimited company at the end of its name, the company shall be deemed to have altered its name to include the abbreviation “Sdn.” immediately before the word “Berhad ” or before the abbreviation “Bhd ”.

Provided that this section shall not operate to prevent a company which immediately before the commencement of this Act and which had the word “Limited” or the abbreviation “Ltd.” as part of its name or which was a private company and which did not have the word “Sendirian” or the abbreviation “Sdn.” as part of its name from continuing to use the name set forth in its memorandum immediately before the commencement of this Act until the expiration of two years after the commencement of this Act as mentioned in Section 23(5).

 

Change of a company name does not affect the rights and obligations of the company

A change of name pursuant to this Act shall not affect the identity of the company or 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 by or against it by its former name may be continued or commenced by or against it by its new name as mentioned in Section 23(6).

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Changing company name from “Limited” to “Berhad”, etc Copyright © 2011 by Wawasan Open University. All Rights Reserved.

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