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Companies act 2001 a guide to the

Republic of Mauritius A Guide to the Companies Act Companies Division November CTable of Contents Name of company Types and categories of companies Objects of the company Incorporation of a company Constitution of a company Directors Secretary Shareholders Shares Meetings Filing of documents Statutory registers and records Financial statements Transitional provision for ?ling auditing of accounts for existing companies Foreign companies Fees O ?ences under the Act APPENDICES Appendix I Model constitution for a private company Appendix II Fees payable to Registrar Appendix III Sections of the Companies Act not applicable to Category Global Business Licence Appendix IV Sections of the Companies Act not applicable to Category Global Business Licence Appendix V Sections of the Companies Act not applicable to Category and Global Business Licence Appendix VI Time limit for ?ling of documents etc Appendix VII Prescribed forms CForeword The purpose of this guide is to assist the public to better understand the procedures for incorporation and other ?ling requirements for companies as set out in the Companies Act E ?orts have been made to simplify key areas of the law so that they can attain a wide section of the community However the matters stated in the guide should not be understood to override any provision of the Companies Act or regulations made under it If further assistance is required professional advisers should be contacted Further information may be obtained from the o ?ce of the Registrar of Companies Registrar of Companies Mauritius CCOMPANIES ACT NAME OF COMPANY A name is an essential requirement for a company The Registrar of Companies is responsible for the approval and reservation of names Any company whether local or foreign cannot be registered under a name unless it has been approved by the Registrar For a local company before incorporation or on a change of name approval must be obtained from the Registrar by applying for the reservation of its proposed name ?? section HOW TO RESERVE A NAME To reserve a name for a company an ??Application for Reservation of a Company Name ? Form must be completed and lodged with the Registrar The prescribed fee is Rs PROCESSING AN APPLICATION A name that is requested is checked against the Register of names to ensure that it does not contravene any of the restrictions on certain names ?? section If a name is acceptable a notice of reservation will be issued by the Registrar to the applicant CA name will be reserved for a period of up to two months after the approval date The Registrar will advise an applicant if a name cannot be reserved ?? section CHANGING THE NAME OF THE COMPANY A company may choose to change its name or it may be directed by the Registrar to change its name if it is believed on reasonable grounds that its name should not have been registered If a company changes its name voluntarily then the reservation procedure is the same as described under ??HOW TO RESERVE A NAME ?