|
ACT 125
|
COMPANIES ACT 1965 (REVISED - 1973)
|
PART XII - GENERAL
|
DIVISION 2 - OFFENCES
|
|
|
Section 367. Penalty for improper use of words "Limited" and "Berhad".
|
|
(1) If any person carries on business under any name or title of which "Berhad" or any abbreviation thereof or "Limited" or any abbreviation thereof is the final word or abbreviation the person shall, unless duly incorporated with limited liability be guilty of an offence against this Act.
Penalty: Imprisonment for three years or fifty thousand ringgit or both. Default penalty.
Restriction on use of word "Sendirian"
(2) A company shall not use the word "Sendirian" or any abbreviation thereof as part of its name if it does not fulfil the requirements required by this Act to be fulfilled by private companies.
(3) Every company and every officer of a company who is in default shall be guilty of an offence against this Act.
Penalty: Imprisonment for three years or fifty thousand ringgit or both. Default penalty.
(4) Subject to section 35 and for the purpose of this section "carrying on business" includes the use of any name or title of which "Berhad" or "Limited" or the word "Sendirian" or any abbreviation thereof is part of the name or title in any documents, books or publication.
|
|
|
| |