Let me tell you a story.
Few months back, one of our clients wanted to start two different businesses. So, we incorporated two different companies for the client. Except for the object clause, both companies have nearly identical Articles of Association. Businesses were good and soon our client had some new shareholders in those two companies. They needed some restructuring. They also needed to amend the Articles of the two companies.
After few rounds of emails, we finalized the draft, held an extra ordinary general meeting, passed the resolution and adopted the new articles. We submitted all the documents with the Registrar of Joint Stock Companies and Firms (hereinafter “RJSC”) as the Companies Act 1994 required. We were waiting to close the deal.
Then something strange happened. RJSC approved and issued certified copies for one company. But they refused to accept the documents of another company. According to the dealing officer of RJSC, we did not follow the Companies Act properly. We prepared identical documents for the both companies and documents for one company were accepted without any question. But the officer responsible for the second company did not move. He did not care what the other officer did. We had to redraft the documents according to his wish.