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As enacted
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Part I · Incorporation of Companies and Related Matters Essential Characteristics of Companies

7. Restrictions on names

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

A company shall not be registered by a name which—

(a)

is identical with the name of any other company or of any registered overseas company ;

(b)

contains the words “Chamber of Commerce”, unless the company is a company which is to be registered under a licence granted under section 34 without the addition of the word “Limited” to its name ; or

(c)

is in the opinion of the Registrar, misleading.

(2)

Except with the consent of the Minister given having regard to the national interest, no company shall be registered by a name which contains the words :—

(a)

“President”, “Presidential” or other words which in the opinion of the Registrar suggest or are calculated to suggest, the patronage of the President or connection with the Government or any Government

Department ;

(b)

“Municipal”, “incorporated” or other words which in the opinion of the Registrar suggest or are calculated to suggest, connection with any

Municipality or other local authority or with any society or body incorporated by an Act of

Parliament ;

(c)

“Co-operative” or “Society” ; or

(d)

“National”, “State” or “Sri Lanka” or other words which in the opinion of the Registrar suggest or are calculated to suggest, any connection with the

Government or any Government Department.

(3)

In determining for the purposes of subsection (1)

whether one name is identical with another, the following words shall be disregarded :—

(a)

the word “the”, where it is the first word of the name ;

(b)

the following words and expressions, where they appear at the end of the name :

(i)

“company” ;

(ii)

“and company” ;

(iii)

“company limited” ;

(iv)

“and company limited” ;

(v)

“limited” ;

(vi)

“unlimited” ;

(vii)

“(Private) limited” ;

(viii)

“Public Limited Company” ;

(c)

abbreviations referred to in section 6, where they appear at the end of the name ;

(d)

type and case of letters, accents, spaces between letters and punctuation marks ; and

(e)

“and” or “&”.

Part II

Private Companies

Part III

Companies Limited by Guarantee

Part IV

Shares and Debentures Prospectus

Part V

Shareholders and Their Rights and Obligations

Part VI

Registration of Charges Registration of Charges with Registrar

Part VII

Management and Administration Registered Office

Part VIII

Amalgamations

Part IX

Compromises with Creditors

Part X

Approval of Arrangements, Amalgamations, and Compromises by Court

Part XI

Provisions Relating to Offshore Companies

Part XII

Winding Up

Part XIII

Administrators Appointment of Administrator

Part XIV

Floating Charges

Part XV

Receivers and Managers

Part XVI

Registrar-General of Companies and Registration Appointment of Officers

Part XVII

Application of Act to Existing Companies

Part XVIII

Overseas Companies

Part XIX

Advisory Commission

Part XX

Companies Disputes Board

Part XXI

Offences Miscellaneous Offences

Part XXII

Miscellaneous Prohibition of Partnership with More Than Twenty Members

Part XXIII

Repeals and Amendments

Schedules