Section 22 Companies Act 1956

 

Section 22 Companies Act 1956: 

Rectification of name of company.

(1) If, through inadvertence or otherwise, a company on its first registration or on its registration by a new name, is registered by a name which, in the opinion of the Central Government, is identical with, or too nearly resembles, the name by which a company in existence has been previously registered, whether under this Act or any previous companies law, the first- mentioned company-

(a) may, by ordinary resolution and with the previous approval of the Central Government signified in writing, change its name or new name; and

(b) shall, if the Central Government so, directs within twelve months of its first registration or registration by its new name, as the case may be, or within twelve months of the commencement of this Act, whichever is later, by ordinary resolution and with the previous approval of the Central Government signified in writing, change its name or new name within a period of three months from the date of the direction or such longer period as the Central Government may think fit to allow.

(2) If a company makes default in complying with any direction given under clause (b) of sub- section (1), the company, and every officer who is in default, shall be punishable with fine which may extend to one hundred rupees for every day during which the default continues.



Supreme Court of India Important Judgments And Leading Case Law Related to Section 22 Companies Act 1956:  

Real Value Appliances Ltd. Etc vs Canara Bank & Ors. Etc., Vardhman on 5 May, 1998

Carew And Company Ltd vs Unlon Of India on 22 August, 1975

Raheja Universal Limited vs Nrc Limited And Ors on 7 February, 2012

Manish Kumar vs Union Of India on 19 January, 2021

M/S.Rishabh Agro Industries Ltd vs P.N.B. Capital Services Ltd on 9 May, 2000

Shabi Construction Company vs City And Industrial Development  on 19 April, 1995

Union Of India & Anr vs Delhi High Court Bar Association &  on 14 March, 2002

Official Liquidator, Supreme vs P. A. Tendolkar (Dead) By L. Rs. And  on 19 January, 1973

Prem Chand Jain & Anr vs R. K. Chhabra on 13 February, 1984

N.Parthasarathy Etc vs Controller Of Capital Issues And  on 16 April, 1991



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