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Companies Act, 1973 (Act No. 61 of 1973)

Chapter IV: Formation, Objects, Capacity, Powers, Names, Registration and Incorporation of Companies

Names of Companies

42. Reservation of name

 

 

1) Subject to the provisions of section 41, the Registrar shall, on written application on the prescribed form and on payment of the prescribed fee for each such written application form lodged, reserve a name (approved by the registrar) or literal translation into not more than one other official language of the Republic of a name of a company or a shortened form of the name or name so translated of a company, pending the registration of a memorandum or a change of name by that company or the registration of another form of the name or translated name.

 

2) Such reservation shall be for a period not exceeding two months or such extended period, not exceeding in all three months, as the Registrar, upon payment of the prescribed fee, may in the special circumstances of any case allow.