Reservation Of Company Name Flashcards
1
Q
Reservation of company name
A
Here’s a simplified explanation:
Reservation of Company Name
- A person can apply to reserve a company name for up to 60 days.
- Providing false or incorrect information will result in cancellation of the reservation and a penalty.
- If the registrar refuses a name, the applicant can appeal to the Commission within 30 days.
- The Commission’s decision is final and cannot be challenged in court.