The Kochhar family and the mystery of the two Credentials: Who's at fault?

Credential Finance though does not appear to be in active use

The Kochhar family’s finance company, Credential Finance, appears to have a dual identity, according to records on the Registrar of Companies (RoC) website. There are two companies with the same name, but with different identification numbers. What’s surprising is that two companies cannot have the same name according to the Companies Act. 

Deepak Kochhar said it is because of a merger between two firms, and the original firm not being deleted from records, in reply to a query by Business Standard. According to experts, errors with similar company names typically used to happen when registrar details were maintained manually. 

Kochhar’s