07-25-2011, 11:27 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by skhkhurram</i>
<br />aoa sir (student at law)
sir the matter is that one person applied for the name availability and secp reserved the same for 90 days
but on the last date of that period some other person filled incorporation papers attaching copy of said letter.
the person under whose name the name was reserved make the statment b4 registrar that i ve nt filled that papers these papers must b rejected.
but REGISTRAR is nt making any order against or in favour
for 30 days
its is important to mention here that third party also applied for the said name and secp has reserved the same for that third party
for next thirty days?
now third party is me and secp official are nt entertaining my incorporation papers
now tell me what remdies are available for me in that case?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
To whom name reservation letter was issued first? Rights of the person who is first in time shall prevail. He will remain entitled till the end of 90th day. IN case of extension or renewal, he will again be exclusively entitled between date of renewal to the end of period in which SEC committed that it will keep the name reserved.
In my opinion it is better to file writ and apply for urgent hearing. Availability of name issued to you and the other party, their respective dates, should be sufficient for the court to decide the matter. I hope HC will entertain the matter in writ petition.
Your argument in favour of entertaining writ/constitutional petition would be that s.491 CO, 1984 bars suit so you have come to the court in writ jurisdiction.
However, if it does not, then you may file suit with injunction application.
<br />aoa sir (student at law)
sir the matter is that one person applied for the name availability and secp reserved the same for 90 days
but on the last date of that period some other person filled incorporation papers attaching copy of said letter.
the person under whose name the name was reserved make the statment b4 registrar that i ve nt filled that papers these papers must b rejected.
but REGISTRAR is nt making any order against or in favour
for 30 days
its is important to mention here that third party also applied for the said name and secp has reserved the same for that third party
for next thirty days?
now third party is me and secp official are nt entertaining my incorporation papers
now tell me what remdies are available for me in that case?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
To whom name reservation letter was issued first? Rights of the person who is first in time shall prevail. He will remain entitled till the end of 90th day. IN case of extension or renewal, he will again be exclusively entitled between date of renewal to the end of period in which SEC committed that it will keep the name reserved.
In my opinion it is better to file writ and apply for urgent hearing. Availability of name issued to you and the other party, their respective dates, should be sufficient for the court to decide the matter. I hope HC will entertain the matter in writ petition.
Your argument in favour of entertaining writ/constitutional petition would be that s.491 CO, 1984 bars suit so you have come to the court in writ jurisdiction.
However, if it does not, then you may file suit with injunction application.