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Company Name Change

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The name of a company may need to be altered for a variety of reasons, such as change of company objective; change of management, etc., The name of a private limited company may be changed at any time with the approval of the investors and the Ministry of Corporate Affairs (MCA). As per Section 13 of the Companies Act 2013, a company may change its name by passing a special resolution in general meeting and receiving approval from the Central Government.

What Is The Procedure For Name Change?

  • Resolution of the board after the mutual agreement of the partners

    A meeting of the Board of Directors shall be convened to adopt a resolution to change the name of the company and to authorize the Director or the Secretary of the Company to make an application to the MCA to ascertain the availability of the suggested name. In the meeting, the board of directors will discuss to change the name of the company and to amend the MoA and AoA may also be adopted at the same meeting of the Board of Directors.

  • Check the name availability

    When a resolution has been passed confirming the availability of the proposed company name, the authorized person may submit a name application to the MCA. The name application procedure is similar to that of the name implementation procedure followed during the incorporation of a company. The name must therefore be as laid down in the Companies Act, 2013 naming guidelines.

  • Passing the special resolution

    When the name has been endorsed by MCA, the firm must call for an exceptional general meeting. A special resolution will be adopted to change the name and amend the Memorandum of Association and the Articles of Association.

  • Application for approval of a change in the company name

    After a special resolution for the change of company name has been carried, a special resolution and an application for the approval of a change of company name must be filed with the Registrar of Companies. An application for a change in the name of the company must be made in Form INC-24 along with the required fee.

  • New Certificate of Incorporation Issue

    If the Registrar of Companies were satisfied with the request to change the name of the company, the Registrar would issue a new certificate of incorporation. It is important to remember that the change of company name is said to be complete and effective upon the issuance of a new incorporation certificate by the Registrar of Companies.

  • Make the changes to AOA and MOA

    Following the issuance of the new incorporation certificate, steps need to be taken to implement the new company name in all copies of the Memorandum of Association, Articles of Association authorized by the Registrar.

Why CharteredMunshi ?

We value all our customers and attempt to offer our services as though they were our 'first client'. We ensure that the process is fast and smooth. Unlike others, we do not outsource our work and offer in house services coming through our specialists who are experts in their respective fields. We will assign you a dedicated manager who will support you from the start to end of the process and address any queries that you might have.

With every service we provide 

  • Free consultation and meetings for the understanding scope of work.

  • Updates on various regulations and compliances.

  • Assisting in opening a current account.

  • A dedicated manager for clearing your doubts.

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