Change Company Name by Private Limited Company
Introduction
A company is a separate existence from the people working for it, carrying its own name and reputation in the commercial world. The name by which it is known can be later changed by its managerial board, in order to achieve aims such as highlighting a change in business models, or as an attempt at rebranding, amongst others. However, before such change can be affected, a board resolution must be passed to the same effect, with approval from its shareholders. The Ministry of Corporate Affairs also holds the right to reject name change applications, but if it chooses to accept the same, it issues a new certificate of incorporation implementing the change.
With a change company name, the preexisting regulations for names of corporate vehicles still apply. A definitive procedure has been put in place by the Registrar of Companies, and while a successful application changes the name, thus requiring an amendment of the Articles of Association and the Memorandum of Association, the company’s assets and liabilities remain the same. Leave the procedural hassles associated with a name change to our experts by signing for our Change Company Name service, so that you may concentrate on the business decision that led you to us.
What all is required
Passing of Board Resolution.
Checking name availability on the MCA website.
Passing of Special Resolution.
Filing of Form MGT 14 for Special Resolution.
Filing of form INC -24 for approval of name change with MCA.
