Companies Act No. 07 of 2007 to be amended

Wednesday, 04 April 2018 - 16:09

Companies+Act+No.+07+of+2007+to+be+amended
Cabinet of Ministers has ratified the proposed amendments to Companies Act No. 07 of 2007.
 
The relevant Cabinet paper has been submitted by Minister of Industry and Commerce Rishath Bathiudeen.
 
Accordingly, sections 5, 9 and 10 of Companies Act No. 07 of 2007 will be amended.
 
Due to these amendments, Registrar of Companies will be authorized to order a company to change its name.


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