Section 74
Change of name
of Strata Management Ordinance, 2019
—
At a general meeting the management corporation or subsidiary management corporation may by a special resolution change the name of the management corporation or subsidiary management corporation.
(2)
The Commissioner shall be notified in writing by the management corporation on the approval of the resolution to change the name of the management corporation or subsidiary management corporation within fourteen days of such resolution
88
been made and the Commissioner shall, after consultation with the
Superintendent, either;
(a)
notify the management corporation or subsidiary management corporation in writing of his acceptance of the change of name; or
(b)
notify the management corporation or subsidiary management corporation that he rejects the change of name by stating his reason for the rejection.
(3)
The management corporation or subsidiary management corporation upon receiving the approval under subsection 2(a) shall submit the application for change of name to the Superintendent and the Registrar shall thereafter amend the name appearing in the book of subsidiary register for the subdivided land or building. For the purpose of record, a copy of the amended certificate of incorporation shall be lodged to the
Commissioner.
(4)
A change of a management corporation or subsidiary management corporation under this section shall not affect any liability, rights or obligations of the management corporation or subsidiary management corporation or render defective any legal proceedings by or against the corporation, and any legal proceedings which might have been continued or commenced against it by its former name may be continued or commenced against it by its new name.