The Corporate Affairs Commission (CAC) has revealed the names of the proprietors of ‘Enough is Enough BN 2210728’, a business name it deregistered on Tuesday.
In a series of tweets on Tuesday, the commission said it deregistered EiE, a non-governmental organisation, because it deviated from its main objectives “over the cause of time.”
According to CAC, the NGO’s business name was registered in 2012 to engage in General Contracts and Sales of Sport Equipment/Promotion.
But in its reaction, the EiE, which was also registered in 2012, said it was registered as “The EiE Project Ltd/Gte” with RC 1047750 as against what was circulated by CAC.
“A big thank you to those who have reached out & spoken up for us!” the organisation said on Twitter, attaching its certificate.
In an update on Wednesday, CAC revealed the proprietors of the cancelled business name as Opayemi Adamolekun and Bisola Edun.
It said their business name was cancelled based on the provisions of section 579 (2) of the Companies and Allied Matters Act (CAMA).
“Further to cancellation of the Business Name registration ‘Enough is Enough BN 2210728’, the Corporate Affairs Commission wishes to inform the public that the proprietors of the cancelled Business name are: OPAYEMI ADAMOLEKUN and BISOLA EDUN,” the CAC said on Twitter.
“The name was cancelled based on the provisions of section 579 (2) of the Companies and Allied Matters Act (CAMA).”
Section 579 (2) of the Act reads: “Where any business name under which the business of a person is carried on‐ (a) contains any word which, in the opinion of the Registrar, is likely to mislead the public as to the nationality, race or religion of the persons by whom the business is wholly or mainly owned or controlled; or (b) is, in the opinion of the Registrar, deceptive or objectionable in that it contains a reference direct or otherwise to any personage, practice or institution, or is otherwise unsuitable as a business name, the Registrar shall refuse to register the business name.
“Or, as the case may be, cancel the registration thereof, but any person aggrieved by a decision of the Registrar under this subsection may, within one month of such refusal or cancellation, appeal to the Commission.”
