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2019 (11) TMI 1132 - HC - Companies LawRejection of request of changing the old name of the company over the property owned by him - rectification of name of company - alteration of memorandum - HELD THAT:- Sub-section (2) of Section 16 of the Companies Act, 2013 clearly provides where a company changes its name or obtains a new name under sub-section (1), it shall within a period of fifteen days from the date of such change, give notice of change to the registrar along with the order of the Central Government, who shall carry out necessary changes in the certificate of incorporation and the memorandum. Since all the formalities have been completed we find that there is no reason for the respondents not to permit the petitioner to change the name of the company in the record from Shaz Investments Private Limited to Shaz Housing Private Limited. The respondent nos. 3 and 4 are directed to reconsider the application of the petitioner for changing the name of the company in the record from Shaz Investments Private Limited to Shaz Housing Private Limited - petition allowed.
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