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Change Company Name

Choose a NEW name for your OLD business.Get the name of your company changed quickly and online with the help of experts.

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Required Documents

REQUIRED DOCUMENT

  • Current Certificate of Incorporation
  • MOA and AOA in word format
  • List of Directors and Shareholders
  • Proposed Name(s) in order of preference.
  • Digital Signature of the authorised director
  • Letterheads and rubber stamp of director
  1. RUN Form
  • Copy of Board Resolution
  • Consent of TM Owner (If applicable)
  1. MGT-14 and INC-24
  • EGM Notice along With Explanatory Statement
  • Certified Copies of EGM Resolution
  • Altered MOA & AOA
  • Attendance Sheet of EGM
  • Consent for Shorter Notice (If applicable)

CHANGE OF NAME PROCESS

PROCESS TO CHANGE COMPANY NAME

01
Calling Board Meeting and Approval of name by MCA
A Board meeting is convened to discuss name change and to file with MCA for availability of name.Once MCA scrutinize the Name application, it approves by a mail .
02
Convene General Meeting
Once the name is available, the Company is required to convene a General Meeting and pass Special Resolution for change of name and amendment in MOA & AOA.
03
Filing Resolution (MGT-14) with ROC
At this stage, Company Registrar will issue new COI, and finally Memorandum of Association and Article of Association are amended to reflect change in company name
04
Applying for approval (INC-24) by Central Government
Finally, a Form (INC-24) needs to be filed to Indian Central Government to give effect to Name Change. Upon acceptance, Company name will finally be changed
REASON FOR CHANGE OF COMPANY NAME
Voluntary Change of Name

The company may, on its own, decide to change the name of the company, subject to fulfilment of all other conditions it is very much legal and normal to change the company name voluntarily.

Change in Business Activity

To reflect the new or additional business objects, the company may decide to change its name. In the instant situation, the company also alters its MOA to change the main object.

For Rebranding/Marketing

For marketing reasons or to effectively position the company’s brand, sometimes companies also change their name to bring it as per the latest trend and fashion for better brand positioning.

Change of Ownership

It is seen that after the change of ownership or takeovers, the company name also changes to reflect upon the authority of the new management and for branding purposes.

To Avoid IPR Issues

The companies may change their name to re-enforce their trademarks or copyrights in their name. Similarly, the company name is also changed to avoid a potential IPR Conflict.

In Compliance of ROC Direction

The ROC can also make an order directing the change in the name of company subsequent to a complaint filed by any other company claiming priority of use of name or Trademark

FAQs
How to Change the Name of a Company?

The company name change is a legal procedure.For this purpose, the Board of Directors has to pass a resolution followed by 3/4 shareholders consent. For new name availability and confirmation, the company has to make an application in RUN Form. Post name approval, the ROC Filing takes place in Form MGT-14 and INC 24, resulting in a new certificate of incorporation with its new name.

Does changing the name of the company result in the formation of a new company?

No, the name change of a company does not create a new company, the CIN remains the same for the company, and all the stakeholders’ rights and liabilities remain unchanged.

What are the approvals from ROC or the Central Government required for changing the company name?

The company name change requires four approvals; approvals of the board and shareholders in special resolution are needed. After that, ROC approval is necessary for the new proposed name, and the special resolution passed with the 3/4th majority of shareholders. Finally, the central government’s consent is needed for the issue of the new certificate of incorporation with the new name.

When the new name of the company becomes effective?

The RUN application approval is only the confirmation of the name’s availability and does not mean that the name of the company has changed. The process of changing the name completes with the issue of a fresh certificate of incorporation. In other words, the effective date of the new name is the date on which a new certificate of incorporation is issued.

What is the timeline for changing the name of the company?

The entire process is lengthy. However, after the application is filed with the ROC, it takes approximately 10-15 Days.

After Name Change, Whether MoA & AoA is also altered?

Yes, all the copies of the MOA and AOA of the company shall also be altered to reflect the changed name of the company.

Will the PAN Number change?

No, the PAN Number of the company shall not change as there is no change in the company’s constitution. However, we advise you to file an application for making amendments to the company’s PAN records and obtain a new PAN Card with the updated name of the company.

Whether GST Number of the company will change followed by name change?

No, as the company’s constitution remains unchanged, hence the same GST Number shall remain valid. However, the company needs to file an amendment application to update the GST Portal details with the correct name.

Should the company intimate its customers with the new name of the company?

Yes, it is necessary and in particular because of the GST provisions, as all the taxpayers need to maintain a proper record of the customers and vendors.

Does the company indeed have to display the old name alongside the new name?

Yes, the old name has to be displayed along with the new name for one year in all the letterheads, hoardings and banners.