for an unlawful purpose or for a purpose that is struck off except when it is Singapore-incorporated prejudicial to public peace, welfare or good struck off on the grounds that the companies under the order in Singapore or against national security company is being used for an unlawful amendments proposed in or interest. purpose or for a purpose prejudicial to the first part of the draft public peace, welfare or good order in Bill, which was published Singapore or against national security for public feedback in May or interest. 2013. Consultation question 5 We would like to seek comments on whether provisions for restoration of foreign companies which have been struck off should be introduced or whether it is adequate that foreign companies which have been struck off can apply to be registered again. Restriction on names of foreign companies 49 Section 378 restricts foreign companies from Repeal and re-enact section 378 to For consistency with the registering a name, in the opinion of the empower the Registrar to: requirements for Registrar is undesirable or is one which the reject the registration of a name Singapore-incorporated Minister has directed the Registrar not to where the name of the foreign companies and to accept. There is no power for the Registrar to company is identical to the name of potential confusion by reject identical names or direct name change for any other business vehicle already persons dealing with the identical names, unlike in the case of registered or reserved in Singapore; foreign companies. Singapore-incorporated companies. or Consultation question 6
for an unlawful purpose or for a purpose prejudicial to public peace, welfare or good order in Singapore or against national security or interest. that is struck off except when it is struck off on the grounds that the company is being used for an unlawful purpose or for a purpose prejudicial to public peace, welfare or good order in Singapore or against national security or interest. Singapore-incorporated companies under the amendments proposed in the first part of the draft Bill, which was published for public feedback in May 2013. Consultation question 5 We would like to seek comments on whether provisions for restoration of foreign companies which have been struck off should be introduced or whether it is adequate that foreign companies which have been struck off can apply to be registered again. Restriction on names of foreign companies 49 Section 378 restricts foreign companies from registering a name, in the opinion of the Registrar is undesirable or is one which the Minister has directed the Registrar not to accept. There is no power for the Registrar to reject identical names or direct name change for identical names, unlike in the case of Singapore-incorporated companies. Repeal and re-enact section 378 to empower the Registrar to: reject the registration of a name where the name of the foreign company is identical to the name of any other business vehicle already registered or reserved in Singapore; or For consistency with the requirements for Singapore-incorporated companies and to potential confusion by persons dealing with the foreign companies. Consultation question 6