37 Changing company name that cannot be registered

Changing company name that cannot be registered

Section 23(3) states that if the name of a company is, whether through inadvertence or otherwise and whether originally or by change of name, a name by which the company could not be registered without contravention of subsection 22(1), the company may by special resolution change its name to a name by which the company could be registered without contravention of that subsection and, if the Registrar so directs, shall so change it within six weeks after the date of the direction or such longer period as the Registrar allows unless the Minister by written notice annuls the direction, and if the company fails to comply with the direction it shall be guilty of an offence against this Act.

The penalty for the offence against this Act is RM1,000 in default penalty.

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