Registrars of Companies advised not to permit change of name during pendency/hearing of a petition for alteration of object clause(s) under section 17 before Company Law Board
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Change of company name during pending object alteration petition should be withheld to avoid prejudging proceedings. Registrars are directed not to permit a company to change its name while a petition under section 17 to shift provisions from the 'other objects' clause to the main objects clause is pending before the Company Law Board, since permitting such a change would amount to prejudging the issue and effectively endorse reliance on contested object provisions prior to the Board's approval.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Change of company name during pending object alteration petition should be withheld to avoid prejudging proceedings.
Registrars are directed not to permit a company to change its name while a petition under section 17 to shift provisions from the "other objects" clause to the main objects clause is pending before the Company Law Board, since permitting such a change would amount to prejudging the issue and effectively endorse reliance on contested object provisions prior to the Board's approval.
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