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Companies Act Section 16(1)(a) Cannot Be Invoked After Unreasonable Delay: Madras HC
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Vs Union of India (Madras High Court) The Madras High Court disposed of four writ petitions challenging separate orders dated 22.02.2018 passed by the Regional Director, Ministry of Corporate Affairs, rejecting the petitioner’s applications under Section 16(1)(a) of the Companies Act, 2013 seeking rectification of the names of the respective third respondent companies on the ground that their names were identical with or too nearly resembled the petitioner’s name.
The petitioner contended that the impugned orders were passed without proper application of Section 16(1)(a) o...