Ep validity if company name is changed
Yash
(Querist) 29 January 2015
This query is : Resolved
Hi team,
If arbitral award is on the old company name which is now merged with another company and new company name is declared on MCA website.
1) Does the company need to first get the arbitral award on the new name of the company?
2) Will they need to file the EP on behalf of new company name or Old name?
3) Please confirm if the award has become null if they have not taken it on the name of new company name ?
4) I have heard that if company is merged with another company, the arbitral award passed on the name of old company name becomes null. please confirm.
Please assist ASAP.
ROHIT SHARMA
(Expert) 29 January 2015
1. If a company is merged with another company, then the arbitrator award passed on the name of old company name does not becomes null and the award holder can file E.P. in the name of the new company too.
Rajendra K Goyal
(Expert) 30 January 2015
Should file EP on the name of new Company mentioning full facts.