Offences by Officers of Companies Penalty for Falsification of Books Frauds by Officers of Companies Liability where Proper Accounts Responsibility of Directors Power of Court to Assess Prosecution of Delinquent Officers Disqualification for Appointment Corrupt Inducement Enforcement of Duty of Liquidator Notification on Company Liquidation Exemption of Certain Documents Books of Company to be Evidence Disposal of Books and Papers Pending Liquidations Unclaimed Assets to be Paid Resolutions Passed at Meetings Meetings to Ascertain Wishes Affidavits, &c. Power of Court to Declare Dissolution Repealed 30 of 1999 s. 18 Government Disclaimer of Property Effect of Government Disclaimer Repealed 30 of 1999 s. 21 Striking Defunct Company Power of Court to Order Company Application for Deregistration Reinstatement Registrar to Act as Representative Property and Books etc. Effect on Section 292 Companies Liquidation Account Investment of Surplus Funds Accounts of Particular Estates General Rules and Fees Disqualification for Appointment Disqualification of Undischarged Power to Appoint Official Receiver Receivers Appointed out of Court Notification Power of Court to Fix Remuneration Provisions as to Information Special Provisions as to Statement Delivery to Registrar of Accounts Enforcement of Duty of Receiver Construction of References Registration Offices Protection of Registrar etc. Fees Inspection, Production and Evidence Authentication of Documents Enforcement of Duties: Ordinance Application to Companies Formed Application to Companies Registered Companies re-Registered Companies Capable Definition of Joint Stock Company Registration: Joint Stock Companies Other than Joint Stock Companies Authentication of Statements Registrar May Require Evidence Exemption of Certain Companies Addition of "Limited" etc., to Name Certificate of Registration Vesting of Property on Registration Saving for Existing Liabilities Continuation of Existing Actions Effect of Registration Power to Substitute Memorandum Power of Court to Stay Actions on Winding-up Order Meaning of Unregistered Companies Winding up of Unregistered Oversea Companies May be Contributories in Winding up Power to Restrain Proceeding Actions Stayed on Winding-up Provisions of Part X Cumulative Saving for Enactments Application of Part XI Documents, etc. to be Delivered Continuing Obligation in Respect Termination of Registration Registrar to Keep an Index Return to be Delivered to Registrar Accounts of Oversea Company Obligation to State Name Notice of Commencement Regulation of Use of Corporate Service of Documents on Oversea Notice to be Given Removal etc. of Name Penalties Interpretation of Part XI Dating of Prospectus and Particulars Exemption of Certain Persons Provisions as to Expert's Consent Registration of Prospectus Amendment of Prospectus Prospectus May Consist Submission of Certified Copies Penalty for Contravention Civil Liability for Misstatements Criminal Liability for Misstatements Interpretation of Provisions Dormant Companies Prohibition of Partnerships Documents Delivered to Registrar Power of Registrar to Accept Power of Registrar to Refuse Registrar not Responsible for Disposal of Documents Form of Registers etc. Power of Registrar to Keep Records Penalty for False Statements Penalty for Dishonest Destruction Penalty for Improper Use of "Limited" Obligation to Give Notice Injunctions Provision for Punishment Limitation on Commencement Production and Inspection of Books Application of Fines Saving as to Private Prosecutors Saving for Privileged Communications Service of Documents on Company Costs in Actions Power of Court to Grant Relief Power to Enforce Orders Power to Make Regulations Power to Amend Requirements Repealed 30 of 1999 s. 34 Power to Refuse Registration Power to Order Company Certain Sections not to Apply Vesting and Disposal of Property Provisions Applicable to Winding up Certain Sections to Apply Calls on Contributories Continuation of Legal Proceedings Obstruction of Official Receiver Control of Official Receiver Audit of Official Receiver's Accounts Protection of Official Receiver Companies to Which Part XI Applies Saving Saving II Saving III Savings and Transitional Transitional Application of the Amending
Chapter: 32  COMPANIES ORDINANCE

Section Num: 337B  Version Date 30/06/1997

Regulation of use of corporate name by oversea company in Hong Kong

(1) Subject to subsection (2), where the Registrar is satisfied that in the case of an oversea company registered under this Part and carrying on business in Hong Kong under its corporate name, its corporate name-

(a) is the same as or is too like-

(i) a name appearing, or which should have appeared, in the Registrar's index of company names on the relevant date; or

(ii) the name of a body corporate incorporated or established under an Ordinance before the relevant date; or

(b) gives so misleading an indication of the nature of its activities in Hong Kong as to be likely to cause harm to the public,

he may serve a notice to that effect on the oversea company.  (Replaced 60 of 1990 s. 8)  [cf. 1985 c. 6 s. 694 U.K.]

(2) A notice shall not be served on an oversea company under subsection (1)(a) later than 6 months beginning on the relevant date.

(Replaced 60 of 1990 s. 8)  [cf. 1985 c. 6 s. 694 U.K.]

(2A) In subsections (1) and (2), "relevant date" means the date on which the oversea company complies with section 333 or, where there has been a change in its corporate name, section 335.  (Added 60 of 1990 s. 8)  [cf. 1985 c. 6 s. 694 U.K.]

(3) An oversea company on which a notice is served under subsection (1) may deliver to the Registrar for registration under section 333 a statement in the specified form specifying a name approved by the Financial Secretary other than its corporate name under which it proposes to carry on business in Hong Kong and may, after that name has been so registered, at any time deliver to the Registrar for registration under that section a statement in the specified form specifying a name approved by the Financial Secretary other than its corporate name in substitution for the name previously registered under that section.  (Amended 3 of 1997 s. 52)

(4) The name by which an oversea company is, by virtue of subsection (3), for the time being registered under section 333 shall for all purposes of the law applying in Hong Kong (including the Business Registration Ordinance (Cap 310)) be deemed to be the corporate name of the company; but this subsection shall not affect references to the corporate name of the company in this section or any rights or obligations of the company, or render defective any legal proceedings by or against the company, and any legal proceedings that might have been continued or commenced against it by its corporate name or its name previously registered under that section may be continued or commenced against it by its name for the time being so registered.

(5) Subject to subsection (6), an oversea company on which a notice is served under subsection (1) shall not at any time after the expiration of 2 months from the service of that notice carry on business in Hong Kong under its corporate name.

(6) An oversea company on which a notice is served under subsection (1)(b) may, within a period of 3 weeks from the service of that notice,

apply to the court to set aside the notice, and the court may set it aside or confirm it.

(7) If subsection (5) is contravened, the oversea company and every officer or agent of the company who knowingly and wilfully authorizes or permits the contravention shall be liable to-

(a) a fine and, in the case of an individual, imprisonment; and

(b) for continued default, a daily default fine,

but nothing in subsection (5) or this subsection shall invalidate any transaction entered into by the company.  (Amended 7 of 1990 s. 2; 60 of 1990 s. 8)

(Added 6 of 1984 s. 234)

[cf. 1976 c. 69 s. 31 U.K.]

Note:

See 60 of 1990 s. 12.

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