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The various functions of the Department were for a time spread between the Customs Department and the Supreme Court of Cyprus.
1911 Trade Marks Section
1921 Patents Section
1923 Overseas Companies Section
1924 Companies Section
1929 Partnerships & Business Names Section
1931 Bankruptcies Section
1941 Trade Unions Section
1942 Department of Official Receiver & Registrar of Trade Unions
1945 DEPARTMENT OF OFFICIAL RECEIVER AND REGISTRAR OF TRADE UNIONS, COMPANIES, TRADE MARKS AND PATENTS
1960 Department of Official Receiver and Registrar Comes Under the Ministry of Commerce & Industry
1968 The Section of Trade Unions goes Under the Ministry of Labour & Social Insurance
1990 Department of Registrar of Companies & Official Receiver
Historical Review:
The various functions of the Department were for a time spread between the Customs Department and the Supreme Court of Cyprus.
In 1911 the Trade Marks Section was first created at the Customs Department in Larnaca. The first Trade Mark entered on the Register was the "BEDOUIN matches".
In 1921 the Patents' Section was created again at the Customs in Larnaca with the registration of the first invention, which was the SINGER sewing-machines.
On 20/6/1923 the Cyprus Mines Corporation was registered as the first overseas company.
In 1924 the third and most important section was created, that of Companies with the registration of the first limited liability company, the Cyprus Popular Bank Ltd, again at the Customs in Larnaca.
The main Department was transferred to the Customs in Famagusta in 1925.
In 1929 the fourth section of our Department was created, that of Partnerships and Business Names with the registration of the first partnership CHM Theocharides & Co on 26/4/1929 and the first Business Name D.A. Angeloudes was registered on 3/5/1929.
Much later, in 1931, the first Bankruptcy Order was issued in Nicosia. The Bankruptcy Department was set up at the Supreme Court.
After the enactment of the Trade Unions Law in 1941, the Trade Unions Section became part of the Department of the Official Receiver at the Supreme Court. It was decided then that the Registrar of Trade Unions should not belong to the Labour Office because the services offered by the Registrar of Trade Unions and the Labour Office were conflicting.
Thus in 1942 the Department of the Official Receiver and Registrar of Trade Unions was created. In 1945 the sections of Companies, Partnerships, Business Names, Trade Marks and Patents were added to the Department after being transferred from the Customs Department.
In 1960 the Department of the Official Receiver and Registrar came under the Ministry of Commerce and Industry.
| Though the Bankruptcies Section is the newer Section as it is shown from the historical review nevertheless the rest of the Sections were annexed to it especially because it was in Nicosia. This is the reason the Department was originally named Department of the Official Receiver and Registrar. The Companies Section is the largest section of the Department. |
In 1967 new legislation on Insurance Companies was enacted and the Insurance Companies section came under the Ministry of Finance. Although the Insurance Companies are registered with the Registrar of Companies under the CompaniesÕ law they are also registered with the Office of the Registrar of Insurance Companies who has the responsibility of implementing the Insurance Companies Law.
Two years later the Trade Unions section became part of the Ministry of Labour.
Since the removal of these two Sections the Department remained in its present form. In 1990 it was renamed to “Department of Registrar of Companies and Official Receiver”.
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