Malaysia legislation
Section 7
Section 7
Certificate of registration
(a)
no such certificate shall be issued to any firm consisting of more than twenty partners; and
7
(b)
the Registrar may refuse to issue a certificate of registration if he suspects or has reason to believe that the statement required under section 5 contains any material omission or misstatement, or that the trade or business is not carried on for some bona fide object or objects; but a person or firm aggrieved by any such decision may appeal to the High Court.
(2)
Such certificate shall be exhibited in some conspicuous position on the premises of the principal place of business of the firm, and shall be produced for inspection whenever called upon by the
Registrar or by anyone authorized by him.
(3)
The Registrar shall cancel the certificate of any firm which
—
(a)
fails to exhibit the same or to produce the same in manner required by subsection (2);
(b)
carries on business after the number of its partners has increased beyond twenty;
(c)
fails to notify him of any change in the firm or of any other particulars required to be notified under this Ordinance; or
(d)
fails to keep proper books of accounts as required under section 10 or fails to observe any other requirements of this
Ordinance:
Provided that such cancellation may be withdrawn upon the firm rectifying the ground for cancellation and paying any fine that may have been imposed under section 14.
(4)
On the cancellation of any certificate granted under this
Ordinance, the Registrar shall cause a notice of such cancellation to be published as soon as possible in the Gazette.
8
Register of firms