Section 739 CAMA 2020
Section 739 Companies and Allied Matters Act is about Penalty for improper use of certain words. It is under Chapter 29 (Miscellaneous and supplemental application of this part) of the Act.
Where a person trades or carries on business under any name or title of which the last word or words are “Unlimited”, “Limited”, “Public Limited Company” or “Limited by Guarantee” or their abbreviations, he is, unless duly incorporated as an unlimited company, a private company limited by shares, a public company limited by shares, or a company limited by guarantee,respectively, liable to a penalty prescribed in the Regulation for every day during which the name or title is used.
