Is this really a valid reason? - John Consiglio

Last month, this newspaper published a boxed registrar of companies advert, in terms of Subsection (2) Art 325 of the 1995 Companies Act, advising all and sundry that the company registered in its records with the Number C443, The National Bank of Malta Limited, would be struck off its register – and, hence, out of living existence – if, by March 7, 2021 nobody or no entity comes forward with valid reasons why it, the registry, should not do so. The Number C443 is clearly suggestive of the notion that, ever since company registration with this country’s official registrar became law after, first, the Commercial Partnerships Ordnance of 1962 and, later, when the present Companies Act was passed in 1995, this banking company was, in fact, one of the earlier companies to formally register in conformity with the new law. Compare, for example, within the context of the same abovementioned advert, that The International Banking Corporation (Malta) Holding Limited, also scheduled to be struck off the official register on March 7, 2021, carries Number C42800. The elimination for ever from the official register of these two bank organisations is conditional to “cause [being] is...