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Hello Mike.
Just two short questions:
1. A company may be required to change its name: “At any time if the use of the name is likely to cause harm to the public”. By ‘at any time’ do you mean at any time after registration, or do you mean that once the registrar notices the problem, they may have to change it right away or do you mean the time period given by the registrar to the company could be any time period decided by the registrar?
2. When a company changes its name, it gets a new certificate of incorporation. This is confusing because it is the same company, and still liable to the same contracts etc. Is this new certificate just a formality for the new name or does it have other legal implications?
Thankyou
^and will the date of incorporation be the same on the new certificate as the original certificate or will it be according to the date of the new name being registered?
“By ‘at any time’ do you mean at any time after registration”
If it’s not yet been registered, it doesn’t have a name … so it can’t change it
“do you mean that once the registrar notices the problem, they may have to change it right away”
If the Registrar notices a problem, the Registrar won’t register the name
That’s what happened with Financial Training (now Kaplan)
When the company was being registered the registration documents were sent to the Registrar together with a form showing 1st choice of name, 2nd choice and 3rd choice
The Regisrtar rejected all 3 (for whatever reason) and sent a new form with 10 spaces for choices of name
That also was rejected so a further form with 10 choices weas submitted
That too was rejected together with a note from the Registrar “Why not go for something like “Financial Training”?
And that’s how Financial Training got its name
“they may have to change it right away”
Yes, within the statutory time period after receiving the notification
“do you mean the time period given by the registrar to the company could be any time period decided by the registrar?”
No
“Is this new certificate just a formality”
Probably just a formality
“will the date of incorporation be the same on the new certificate as the original certificate”
Probably, yes
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