ACT 125
COMPANIES ACT 1965 (REVISED - 1973)
PART XI - VARIOUS TYPES OF COMPANIES, ETC.
DIVISION 1 - FOREIGN COMPANIES

 
Section 341. Restriction on use of certain names.
 
Section 341. Restriction on use of certain names. (COMPANIES ACT 1965 (REVISED - 1973) - ACT 125) (1) Except with the consent of the Minister, a foreign company shall not be registered by a name that, in the opinion of the Registrar, is undesirable or is a name, or a name of a kind, that the Minister has directed the Registrar not to accept for registration.

(2) Except with the consent of the Minister, any change in the name of a foreign company shall not be registered if in the opinion of the Registrar the new name of the company is undesirable or is a name, or a name of a kind, that the Minister has directed the Registrar not to accept for registration, notwithstanding that particulars of the change have been lodged in accordance with section 335.

(3) No foreign company to which this Division applies shall use in Malaysia any name other than that under which it is registered under this Division.

(4) If default is made in complying with subsection (3) the foreign company, every officer of the company who is in default and every agent of the company who knowingly and wilfully authorizes or permits the default shall be guilty of an offence against this Act.

Penalty: Two thousand ringgit. Default penalty.