Section 729 CAMA 2020
Section 729 Companies and Allied Matters Act is about Publication of name by company. It is under Chapter 29 (Miscellaneous and supplemental application of this part) of the Act.
(1) Every company, after incorporation, shall—(a) paint or affix, and keep painted or affixed, its name and registration number on the outside of every office or place in which its business is carried on, in a conspicuous position, in letters easily legible ;
(b) have its name engraved in legible characters on its seal, where thecompany has a seal ; and
(c) have its name and registration number mentioned in legible characters in all business letters of the company and in all notices, advertisements, and other official publications of the company, and in all bills of exchange,promissory notes, endorsements, cheques, and orders for money or goods purporting to be signed by or on behalf of the company, and in all bills or parcels, invoices, receipts, and letters of credit of the company.
(2) If a company makes default in complying with subsection (1), it is liable to a penalty prescribed in the Regulations for everyday during which the default continues and every director and manager of the company are liable to the like penalty.
(3) If an officer of a company or any person on its behalf—
(a) uses or authorises the use of any seal purporting to be a seal of the company where on its name is not so engraved,
(b) issues or authorises the issue of any business letter of the company or any notice, or other official publication of the company, or signs or authorises to be signed on behalf of the company any bill of exchange,promissory note, endorsement, cheque or order for money or goods where in its name is not mentioned in that manner, or
(c) issues or authorises to be issued any bill or parcel, invoice, receipt, or letter of credit of the company, wherein its name is not mentioned in the manner, he is liable to a penalty prescribed in the Regulations and shall further be personally liable to the holder of any such bill of exchange, promissory note,cheque, or order for money or goods, for the amount thereof, unless it is duly paid by the company.
