Defects in the notification in respect of continuation after the transformation of a legal person

If the notification of the continuation of a trade of a dissolved or divided entity contains defects, the trade licensing office will send the continuing person a Request for rectification of deficiencies in which it will:

  • Identify the defective submission
  • Specify the defect contained in the submission
  • Indicate how the defect in the submission can be rectified – e.g. by providing any missing information, presenting the relevant document, etc.
  • Specify a time limit for rectifying the deficiencies
  • Advise the continuing person of what will happen if the defect in the submission is not rectified

If the continuing person rectifies the defects within the time limit specified, the notification is deemed to have been free of defects from the outset.

After that, the procedure followed by the office depends on whether the defect has been rectified.