Dear Sir, Our company has been de-merged (divided) through the NCLT Court order into two separate companies with different names. The problem we are facing is that the Factories Inspectorate has refused to transfer the license of our factories, stating that they need a Certificate of Incorporation indicating the change in the factory name from "A" to "B". Despite submitting our court order, they remain unconvinced. Previously, we had one CIN for the parent company; now we have two separate CINs for Resulting Company Number 1 and Resulting Company Number 2. How can the Ministry of Corporate Affairs issue a new CIN reflecting the company name change?
The Factories Inspector is pointing out that the court's judgment was based on the Companies Act 2013, while our department adheres to the Factories Act 1948. Could you please advise if there is any connection between the Factories Act 1948 and the Companies Act 2013 that I can use to persuade him?
Thank you.
From India, Anand
Acknowledge(0)
Amend(0)
The Factories Inspector is pointing out that the court's judgment was based on the Companies Act 2013, while our department adheres to the Factories Act 1948. Could you please advise if there is any connection between the Factories Act 1948 and the Companies Act 2013 that I can use to persuade him?
Thank you.
From India, Anand
Acknowledge(0)Amend(0)
651CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Factories Act 1948.ppt
Draft Notification - Proposed Amendment in The Factories Act 1948.pdf