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Originally Posted by Keith P.
They already have a large bureaucracy with policies, procedures and guidelines that purport to do exactly that
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No, they don't. First, the bureaucracy in question, the Registry of Joint Stock Companies, is not by any stretch of the imagination "large". That notion is actually laughable.
Second, it does not in any way "purport to do exactly that". Re-read the blurb you posted earlier. It all boils down to this: "We maintain a register of company and business names. You can register yours if it meets our criteria". They don't promise or purport to do anything else. They keep a list and you can read it online. That's it.
I invite you to go read the Registry's enabling legislation, the
Corporations Registration Act. Seriously - it's a very short statute and pretty straightforward. If you do that, you'll see very quickly that the Registry has absolutely no power to do the sorts of things that you and Mark seem to imagine that it should do. Those things are not remotely within its mandate, never have been, and never were intended to be. It's
not a consumer protection entity and the idea that it is is simply a widespread misconception among the public.
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The RJS seems to provide little in the way of useful service or protection to the public if something like the case in question can occur so easily.
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True, if that's the sort of service you're expecting. But again, you shouldn't expect that of it. It's not in the "protection to the public" business. Its primary role is simply to keep a list of voluntarily-registered corporations and business names so that their agents can be easily identified, contacted and served with legal documents. Also, corporations cannot sue unless they're registered - but that's only if they're
required to be registered. In fact, several types of companies are actually exempt from registration. That fact alone should tell you that consumer protection is not its reason for being.