31 Power to require change of name

(1) If a company has been incorporated, continued or converted into a
company under this Act with, or has changed its name to, a name which,
in the opinion of the Registrar, does not comply with sections 25 or 26 the
Registrar may —

(a) within 2 years of that time direct the company by written notice to
make an application to change its name or its foreign character
name on or before a date specified in the notice, which shall be not
less than 30 days after the date of the notice; or

(b) apply to the Court for, and the Court may grant, an order changing
the company‘s name or its foreign character name, or requiring the
company to change such name, to a name acceptable to the
Registrar on such terms as the Court thinks fit.

(2) If a company that has received a notice under subsection (1)(a) fails to file
an application to change its name to a name acceptable to the Registrar on
or before the date specified in the notice, the Registrar may revoke the
name of the company and assign it a new name acceptable to the Registrar.

(3) Where the Registrar assigns a new name to a company under subsection
(2) or pursuant to an order made by the Court under subsection (1)(b), it
shall —

(a) enter the new name in the Register in the place of the former name;

(b) issue a certificate of change of name to the company; and

(c) publish the change of name in the Gazette.

(4) A company that fails to comply with a direction given under this section
within the period of time specified by the Registrar under subsection
(1)(a)commits an offence and is liable on conviction to a fine not exceeding
US$10,000.