https://www.taxtmi.com/article/detailed?id=1839 The document addresses whether a scheme may provide for reciprocal company-name interchange on demerger. Objectors argued the Act contains no provision for name exchange and that renaming could confuse stakeholders; the petitioner relied on shareholder approval and prior practice. The Court observed nothing in the Companies Act expressly prohibits name interchange but clarified that any swapping is subject to the statutory change-of-name procedure and independent scrutiny by the Registrar of Companies, including board and general meeting approvals and filings. en-us Fri, 03 Aug 2012 18:07:58 +0530 Fri, 03 Aug 2012 18:07:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1839 The document addresses whether a scheme may provide for reciprocal company-name interchange on demerger. Objectors argued the Act contains no provision for name exchange and that renaming could confuse stakeholders; the petitioner relied on shareholder approval and prior practice. The Court observed nothing in the Companies Act expressly prohibits name interchange but clarified that any swapping is subject to the statutory change-of-name procedure and independent scrutiny by the Registrar of Companies, including board and general meeting approvals and filings. Articles Corporate Laws / IBC / SEBI Fri, 03 Aug 2012 18:07:58 +0530 https://www.taxtmi.com/article/detailed?id=1839