(No. 19 of 1950) Removal of names 15. (1) If any firm or individual registered under this Act ceases to carry on business, it shall be the duty of the persons who were partners from register in the firm at the time when it ceased to carry on business or of the individual or if he is dead of his personal representative, within three months after the business has ceased to be carried on, to send by post or deliver to the Registrar notice in the prescribed form that the firm or individual has ceased to carry on business, and if any person whose duty it is to give such notice fails to do so within such time as aforesaid, he shall be liable, on conviction, to a fine not exceeding one thousand five hundred penalty units: Provided that the Minister may, on reasonable cause therefor being shown, extend such time as aforesaid to such time as he may think fit. (2) On receipt of such a notice as aforesaid, the Registrar may remove the firm or individual from the register. (3) Where the Registrar has reasonable cause to believe that any firm or individual registered under this Act is not carrying on business, he may send to the firm or individual by registered post a notice that, unless an answer is received to such notice within one month from the date thereof, the firm or individual may be removed from the register. (4) If the Registrar either receives an answer from the firm or individual to the effect that the firm or individual is not carrying on business or does not within one month after sending the notice receive an answer, he may remove the firm or individual from the register. (As amended by G.N. No. 279 of 1964 and Act No. 13 of 1994) Misleading 16. (1) No firm or individual shall be registered by a business name which, in the opinion of the Registrar, is undesirable, and if any firm or business names individual, through inadvertence or otherwise, is registered by a business name which, in the opinion of the Registrar, is undesirable, the Registrar shall remove such business name from the register, but any person aggrieved by a decision of the Registrar under this provision may appeal to the Minister whose decision thereon shall be final.

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