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Section 814 Companies and Allied Matters Act (CAMA) 2020

Section 814 CAMA 2020

Section 814 Companies and Allied Matters Act is about Registration of business names. It is under Chapter 2 (Registration of business names) of the Act.

(1) Every individual, firm or Corporation having a place of business in Nigeria and carrying on business under a business name shall be registered in the manner provided in this Part if—

(a) in the case of a firm, the name does not consist of the true surname of all partners without any addition other than the true forenames of the individual partners or the initials of such forenames ;

(b) in the case of an individual, the name does not consist of his truesurname without any addition other than his true forenames or the initialsthereof ; or

(c) in the case of a company, whether or not registered under this Act,the name does not consist of its corporate name without any addition.

(2) Notwithstanding subsection (1) where —

(a) the addition merely indicates that the business is carried on in succession to a former owner of the business, that addition shall not of itself render registration necessary ;

(b) two or more individual partners have the same surname, the additionof an “s” at the end of that surname shall not of itself render registration necessary ; and

(c) the business is carried on by a receiver or manager appointed by any court, registration shall not be necessary.

See also  Section 307 Companies and Allied Matters Act (CAMA) 2020

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