(No. 19 of 1950)
Removal of names
15. (1) If any firm or individual registered under this Act ceases to
carry on business, it shall be the duty of the persons who were partners from register
in the firm at the time when it ceased to carry on business or of the
individual or if he is dead of his personal representative, within three
months after the business has ceased to be carried on, to send by post or
deliver to the Registrar notice in the prescribed form that the firm or
individual has ceased to carry on business, and if any person whose duty
it is to give such notice fails to do so within such time as aforesaid, he
shall be liable, on conviction, to a fine not exceeding one thousand five
hundred penalty units:
Provided that the Minister may, on reasonable cause therefor being
shown, extend such time as aforesaid to such time as he may think fit.
(2) On receipt of such a notice as aforesaid, the Registrar may remove
the firm or individual from the register.
(3) Where the Registrar has reasonable cause to believe that any firm or
individual registered under this Act is not carrying on business, he may
send to the firm or individual by registered post a notice that, unless an
answer is received to such notice within one month from the date
thereof, the firm or individual may be removed from the register.
(4) If the Registrar either receives an answer from the firm or individual
to the effect that the firm or individual is not carrying on business or
does not within one month after sending the notice receive an answer, he
may remove the firm or individual from the register.
(As amended by G.N. No. 279 of 1964
and Act No. 13 of 1994)
Misleading
16. (1) No firm or individual shall be registered by a business name
which, in the opinion of the Registrar, is undesirable, and if any firm or business names
individual, through inadvertence or otherwise, is registered by a
business name which, in the opinion of the Registrar, is undesirable, the
Registrar shall remove such business name from the register, but any
person aggrieved by a decision of the Registrar under this provision may
appeal to the Minister whose decision thereon shall be final.