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Nairaland Forum / Nairaland / General / Business / Company Registration: Using "Limited" And "LTD" Interchangeably (840 Views)
Any Difference between ''Nigeria Limited'' and ''Limited'' / Business Name And Company Registration / Business Name and Limited by shares Company Registration (2) (3) (4)
Company Registration: Using "Limited" And "LTD" Interchangeably by notindome(m): 10:30am On Jul 31, 2016 |
Between December 2015 and January 2016, a friend of mine registered his LLC himself, during which I learnt that the process was simple and straight-forward. At the point of submission and checking compliance with all necessary documents and correct filling of forms, the only observation was that his company name availability approved was "ABC LIMITED", while what was written on all the forms filled and MEMAT was "ABC LTD" and the CAC staff insisted that it must be corrected before submitting again. That was done, and the company already registered. The question now is: Legally, is there any implication using Limited in place of Ltd or vice-versa for official correspondences? Lawyers in the house, explanation please. |
Re: Company Registration: Using "Limited" And "LTD" Interchangeably by VictorRomanov: 10:41am On Jul 31, 2016 |
When u write ABC Limited, it could pass as the company name. But when u write ABC Ltd, it becomes obvious that the company ABC is registered as an LLC 1 Like |
Re: Company Registration: Using "Limited" And "LTD" Interchangeably by emorse(m): 11:11am On Jul 31, 2016 |
notindome:Could you please furnish me with info on the processes involved? |
Re: Company Registration: Using "Limited" And "LTD" Interchangeably by Millionjeff: 11:24am On Jul 31, 2016 |
plz bros what are the procedures and the cost involve.pls am waiting for your quick reply . |
Re: Company Registration: Using "Limited" And "LTD" Interchangeably by notindome(m): 11:57am On Jul 31, 2016 |
VictorRomanov: Note that LTD can also be used in a company's name. the question is using it differently from the approved CAC name. e. g 1) CAC approved ABC LTD, but you filled ABC LIMITED or use it for official correspondence. 2) CAC approved ABC LIMITED, but yoy filled ABC LTD or use it for official correspondence. Any difference or Implications? |
Re: Company Registration: Using "Limited" And "LTD" Interchangeably by notindome(m): 12:01pm On Jul 31, 2016 |
Millionjeff: emorse: I heard the process is now completely online (Dont know the process). Then, we did it manually. so I will suggest you go to the CAC website for more info. |
Re: Company Registration: Using "Limited" And "LTD" Interchangeably by routik(m): 12:11pm On Jul 31, 2016 |
VictorRomanov: And when you want to use LTD, always add dot at the end (like this LTD.). It signifies that it is a short form of Limited 1 Like |
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