DAILY LAW TIPS
by Onyekachi Umah,Esq.
(Tip 217)
“A Business Name Is Not A Company But Can Sue or Be Sued To Any Court”

A business name is just a trade name for business and not a company. Well, like a company, a business name can now sue/charge any person to any court or be sued/charged to any court by any person for any reason whatsoever.
This is a departure from the old tradition of suing Business Names through their owners and partners.

My authority is Order 13 Rules 25 and 29 of the High Court of the Federal Capital Territory, Abuja (Civil Procedure) Rules 2018 and other similar rules of courts across Nigeria.

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DAILY LAW TIPS
by Onyekachi Umah,Esq.
(Tip 159)
“Unlike A Company, A Business Name Cannot Own Land In Nigeria”.

Like a human being, a company is a corporate being that can own property, sue and be sued. A business name is neither a human being nor a corporate being that can own, acquire, maintain and sell a land or landed property in any part of Nigeria.

My authority is section 37 of Companies and Allied Matters Act.

Share this till it gets to those that need it most. Save a Nigerian today!

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"NIGERIAN BUSINESSES AND THE NEED FOR CORPORATE, COPYRIGHTS, TRADE MARKS, INDUSTRIAL DESIGNS AND PATENTS REGISTRATIONS"

 By 

ONYEKACHI UMAH, ESQ., LL.M, ACIArb(UK)

DAILY LAW TIPS
by Onyekachi Umah,Esq.
(Tip 69)

You close down a company by winding-up, close down a business name by cessation (removal of business name from Register of business names) and you close down churches, clubs, NGOs and other trustee by dissolution.

See sections 401, 578 and 608 of Companies and Allied Matters Act.


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