https://www.taxtmi.com/caselaws?id=309691 Where only a company's name changes and its ownership or shareholding remains unchanged, Clause 3.4 of the Greater Noida transfer policy states that no CIC charges are payable. The allottee company showed that its corporate identity, business, and shareholding pattern continued unchanged, and that the authority had already updated its records to reflect the name change. In those circumstances, the demand notice was contrary to the authority's own policy and lacked legal justification, and the CIC charge demand was quashed as illegal. en-us Wed, 25 Jan 2023 00:00:00 +0530 Fri, 15 Sep 2023 21:27:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309691 Where only a company's name changes and its ownership or shareholding remains unchanged, Clause 3.4 of the Greater Noida transfer policy states that no CIC charges are payable. The allottee company showed that its corporate identity, business, and shareholding pattern continued unchanged, and that the authority had already updated its records to reflect the name change. In those circumstances, the demand notice was contrary to the authority's own policy and lacked legal justification, and the CIC charge demand was quashed as illegal. Case-Laws Companies Law Wed, 25 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309691