Rajeev kumar Nayak (ACS) (283 Points)
04 December 2010A new company is registered in the same name which is already registered. my question is:----
1. whether or not second registered company can go for suo-motto rectification under section 22 of the companies Act, 1956.
2. if yes, there is any time limit for moving the application by such company.
Sunshine
(Helping All)
(10575 Points)
Replied 04 December 2010
yes the company can go for suo motu change of name by passing an ordinary resolution and prior approval of the CG.....
Sunshine
(Helping All)
(10575 Points)
Replied 04 December 2010
as far as the time limit is concerned...there is no time limit fr suo motu rectification....but CG can give direction within 12 months of incorporation of company and the company has to abide by it within 3 years of direction by CG....
CAclubindia
