Independent professional certification requires pleaded knowledge or complicity for criminal liability; untimely complaints remain barred by limitatio...
Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Section 16(1)(a) of the Companies Act, 2013 permits the Central Government to direct rectification of a newly registered company's name where it is identical with or too nearly resembles a previously registered company's name. Information supplied by an aggrieved existing company may support the Government's formation of that opinion without converting the matter into proceedings under Section 16(1)(b). The note records that similar names used by companies operating in the same DNA-testing field justified the rectification direction. It further records that the High Court treated the direction as valid and within jurisdiction, and dismissed the challenge.
Section 16(1)(a) of the Companies Act, 2013 permits the Central Government to direct rectification of a newly registered company's name where it is identical with or too nearly resembles a previously registered company's name. Information supplied by an aggrieved existing company may support the Government's formation of that opinion without converting the matter into proceedings under Section 16(1)(b). The note records that similar names used by companies operating in the same DNA-testing field justified the rectification direction. It further records that the High Court treated the direction as valid and within jurisdiction, and dismissed the challenge.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
