1. The order at Annexure-A, dated 24.11.011, by which the petitioner herein is directed under Section 22(1)(b) of the Companies Act, 1956 (for short hereinafter referred to as the ‘Act’) to change its name within a period of three months from the date of the impugned order, is called in question in this writ petition.

2. The third respondent-company, i.e., Surya Elevators Private Limited was incorporated on 6.10.2005 with an authorised share capital of Rs.5,00,000/-which was divided equally between Mr. C.S. Surendranadha Reddy and Mr. K. Arunachalam (who is presently the Managing Director of respondent No.3) in the ratio of 2500 shares each. Respondent No.3 is engaged in the business of manufacturing and sale of passenger and freight elevators.

3. Petitioner is a private limited company incorporated on 29.11.2010 in the name and style “Surya Elevators & Escalators India Private Limited”. Mr. Venugopal Reddy and Mrs. Meena Pothireddy are the Directors of the petitioner-company. The petitioner is engaged in the business of manufacturing and sale of elevators and escalators.

4. Respondent No.3 initiated proceedings under Section 22(1)(i) of the Act against the petitioner befo