TMI Blog1953 (9) TMI 10X X X X Extracts X X X X X X X X Extracts X X X X ..... yar and J Nagarajan for the R espondent. JUDGMENT Satyanarayana Rao, J. --This is an appeal against the order of the learned Subordinate Judge in E.A. No. 201 of 1952 in E.P. No. 213 of 1951. The application was by the degree holder in O.S. No. 27 of 1950, which was the Vellore Varalakshmi Bank Ltd. The object of the application was for leave to amend the long and short cause title in E.P. No. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ned by the Registrar of Joint Stock Companies a different legal persona or a different company came into existence, totally different from the old company, and that therefore the application for amendment should not be granted. In view of the language of section 11(6) of the Indian Companies Act, the trial Judge had no difficulty in overruling the objection and in granting the permission sought fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nding the change in the name, there is no alteration in the legal status of the company, as its incorporation is not in any manner affected by the mere change in name. It continues to possess the same rights and will be subject to the same obligations as before the change of the name, which implies therefore that if it has power to execute a decree in its old name, it has got a right even after th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e the company continues its legal status as before, and the mere change in the name would not, in any manner, affect its constitution. The view taken, therefore, by the lower court is, in our opinion, correct. Learned advocate for the appellant also attempted to argue that when he made an endeavour in the trial court to establish that there was a change in the constitution of the company, and tha ..... X X X X Extracts X X X X X X X X Extracts X X X X
|