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Legal Terms - business name
The term used to refer to the name that a solo trader, partnership, limited liability partnership, or company uses to conduct their commercial activities. The selection of a business name is limited by sections 1192–99 of the Companies Act 2006, which means that it is not permissible to use a name that is misleading, among other restrictions. For individuals or ordinary partnerships, it is required under the Companies Act 2006 sections 1200-06 that the names and addresses of the individuals involved must be revealed in company papers (such as receipts) and displayed at the business premises. Sections 82-85 of the Companies Act and the Companies (Trading Disclosures) Regulations 2008 outline the disclosure requirements for both companies and limited liability partnerships. Violation of the legislation may result in a monetary penalty.
and a lack of capacity to ensure compliance with contractual agreements. The utilization of a business name is also constrained by the legal wrong of *passing off.
The term used to refer to the name that a solo trader, partnership, limited liability partnership, or company uses to conduct their commercial activities. The selection of a business name is limited by sections 1192–99 of the Companies Act 2006, which means that it is not permissible to use a name that is misleading, among other restrictions. For individuals or ordinary partnerships, it is required under the Companies Act 2006 sections 1200-06 that the names and addresses of the individuals involved must be revealed in company papers (such as receipts) and displayed at the business premises. Sections 82-85 of the Companies Act and the Companies (Trading Disclosures) Regulations 2008 outline the disclosure requirements for both companies and limited liability partnerships. Violation of the legislation may result in a monetary penalty.
and a lack of capacity to ensure compliance with contractual agreements. The utilization of a business name is also constrained by the legal wrong of *passing off.
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