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High Court grants order amending the title of proceedings where the plaintiff company had been re-registered as a 'designated activity company' (DAC), notwithstanding objection by the defendant borrower.
Application to amend title of proceedings - limited company renamed as "designated activity company" (DAC) - Order 17 Rule 4 of the Rules of the Superior Courts - purchase of property by plaintiff from bank in special statutory liquidation - proceedings commenced by bank - substitution of limited company for bank as plaintiff - Paragraph 16 of the Companies Act, 2014 - section 63(12) - re-registration of existing private company as a 'designated activity company'.
Note: This is intended to be a fair and accurate report of a decision made public by a court of law. Any errors should be notified to the editor and will be dealt with accordingly.
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