Article 55 - Power to require change of Name
(1) Where a
Limited Partnership has been registered by a Name which:
(A) is the same as or, in the opinion of the
CRO, too like a Name appearing
at the time of registration in the index maintained by the CRO; or
(B) is the same as or, in the opinion of the
CRO, too like a Name which
should have appeared in the index at that time
CRO may within 12 months of that time in writing direct the Limited Partnership to change its Name within such period as it may specify.
(2) If it appears to the
(A) that misleading information has been given for the purpose of the registration of a
Limited Partnership by a particular Name; or
(B) that undertakings or assurances have been given for that purpose and have not been fulfilled
it may, within five years of the date of its registration by that
Name, in writing direct the Limited Partnership to change its Name within such period as the CRO may specify.
(3) If in the
CRO's opinion the Name by which a Limited Partnership is registered
gives so misleading an indication of the nature of its activities as to be likely to
cause harm to the public, it may in writing direct the Limited Partnership to
change its Name within such period (being not less than one month) as the
CRO may specify.
Limited Partnership may, within three weeks from the date of any direction
Under Article 55(1), (2) or (3), apply to the Tribunal to set it aside and the
Tribunal may set the direction aside or confirm it and, if it confirms it, shall
specify the period within which it must be complied with.
(5) Where a direction has been given under Article 55(1), (2) or (3) specifying a period within which a
Limited Partnership is to change its Name, the CRO may
at any time before that period ends extend it by a further direction in writing.