Company conversion during pending suit does not defeat legal identity or bar amendment to reflect the new name.

Conversion of a company from private limited to public limited during a pending suit does not extinguish its legal identity or affect its rights and obligations. The statutory scheme on change of name and conversion preserves pending proceedings, allowing them to continue in the company's new name. Because only the company's form and name changed, an amendment to the plaint reflecting the new name was competent, and the proceeding was not rendered defective.

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Issues: Whether a company converted from a private limited company into a public limited company during the pendency of a suit ceases to be competent to continue the proceeding in its new name and whether the amendment sought to the plaint was permissible.

Analysis: The provisions governing change of name and conversion of a company were read together to hold that such conversion does not affect the rights and obligations of the company or its legal identity. The statutory scheme preserves pending proceedings and allows them to continue by the new name of the company. Since only the form of the company and its name changed, the application for amendment was competent and the proceedings were not rendered defective.

Conclusion: The objection to the amendment failed, and the revision petition was without merit.

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