Registering a company

[thundacatchergo]

My dog's best friend's owner's Incoroporated Owners and the Management Committee had awarded a $4 million renovation in their building to a company that is not register with the government's registry. Does that have any meaning? I just want to find out more about the "decoration" company.

[Boris]

The registry your search is for limited companis. The company could be "trading as " a sole proprietor.

[thundacatchergo]

anyway to find out the legal owner of a sole proprietor? thx boris

[carang]

a sole proprietor IS the owner, legally one and the same entity.

for example:
i own a sole proprietorship business. if i run off with your money, you can take me PERSONALLY to court. (i actually DO own a sole proprietorship). if the company goes into debt, it is held against me personally. the bank could foreclose on my personal property etc.

i also own a limited company, which means that the company and i are two separate identities. if my company goes into debt, the bank cannot go after me personally.

so, if you know who runs the business, chances are THAT is the sole proprietor. i honestly don't know if you can run a check on sole proprietorships. don't see how it would be different than for a ltd company.

[lulumay]

what if the company's name is ling ding dong design decoration company. (not a real name)

[carang]

it doesn't matter what the name of the company is.

my sole proprietorship company is NOT my name, it is a company name. there must be some way to trace who owns the company name.

[shri]

First step, ask to see their BR certificate.

It is mind boggling that someone would take up such a large contract without being a proper limited company.

What sort of renovations work is this for? Painting? Structural?

[thundacatchergo]

if you must really know. there are 2 20-storey towers. each with 4 units per floor. there are 2 parts to this. all work in the 3rd (helper's) bathroom.

part 1 is to relocate a common cast iron waste drainage pipe and cast iron vent that runs in the bathroom through the floor slabs. IO is considering this as essential work and voting was not required to proceed with work. voting only required for the selection of tendered contractor.
part 2 is for the private waste pipes that connects to this waste drainage pipe. these waste pipes are in the ceiling of the unit below. waste pipes consist of a sink, floor drain, and the toilet. Each owner is responsible for paying for the replacement of the private pipes.

IO decided only 1 contractor can carry out part 1 and part 2 of the work with no exceptions. We opted out of part 2 but the contractor has damaged out pipes. Since we dont have a contract with these people i like to know a little more about the company before we proceed with legal action.

By the way, 90% of the pipes are in great condition. we'll save this is for another thread.

this is all fictional and the towers are located on Planet Pluto.