Company Name Change

AGRAWAL KANHERE ASSOCIATES

Company Name Change

All you need to know

A Limited Company is identified by a name and the selection of name is as per the discretion of a company. In other words, a company can alter its name whenever it wants to. However, the name change should be as per the regulations and procedures of company laws.

Reasons for Changing company’s name

  • Change of business activity of the company.
  • Change to reflect brand of the company.
  • Change as per government order.

Conditions to fulfill for Changing Company’s Name:

    A time period of at least 1 year should have elapsed from the last name change.

    At least 50% of its total revenue in the preceding 1 year period should have been accounted for by the new activity suggested by the new name, or, the amount invested in the new activity/project is at least 50% of the assets of the company.

    The new name along with the old name shall be disclosed through the web sites of the respective stock exchange/s where the company is listed for a continuous period of one year, from the date of the last name change.

Suggested read: MCA Naming guidelines for Company / OPC / LLP

For any reason, if you wish change for your company, there’s a defined procedure to be followed. In case any of the procedure is not followed, Such change cannot be given effect to, by ROC. You may get in touch with our compliance manager on 0755 276 1432 or email info@caagrawalkanhere.com for free query.

Effects of changing company’s name

  • The change of name, by no means, shall affect any rights/obligations of the company and any legal proceedings continued against/by the company in its former/new name.
  • The legal proceedings commenced by the company in its old name can be continued under the new name.
  • The entity of the company continues despite such change.
  • The company is not dissolved nor does any new company come into existence.
  • By such change, the constitution of the company is not changed, only the name changes.

...

Documents required for changing a company’s name

  • Certified copy of Board Resolution
  • 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 (approx 10) and rubber stamp of director

How to Change a Company’s Name?

5 Easy Steps

1

Fill in the simple checklist

2

Submit Documents

3

Name availability

4

Filing of Documents

5

New certificate of Incorporation

Fill Simple Checklist

Our Compliance Manager will get in touch with you to obtain your documents along with a simple checklist. You need to fill up the checklist and submit along with the documents for processing. Our expert team will verify documents and proceed with changing the company’s name.

Name Availability

Once we have all verified all the documents, we will check the availability of the name that you have chosen. If the availability of the new name is confirmed by the RoC, A special resolution shall be passed and altered AOA and MOA will be drafted accordingly about such change in name.

Applying to ROC

Once the special resolution is passed the same will be submitted to ROC in form MGT 14 and we will also file the form INC 24 along with the required documents and fees. Upon being completely satisfied, the RoC will issue a new Certificate of Incorporation, reflecting the change in name.

FAQs On Company Name Change

Get answers to all your queries

Yes, you can check the name availability before applying to the MCA.
The Registrar of Companies in the respective states has the authority to approve such change. Please note that before filing for the name, one must ensure that the company should have filed all documents including balance sheet, etc. of the previous year.
Yes, the Registrar of Companies will issue a fresh certificate of incorporation after approval of all documents.
CA Agrawal Kanhere.com provides its services all across India. You can get our services in Ahmedabad, Mumbai, Pune, Bangalore, Chennai, Delhi, Kolkata, Kanpur, Nagpur, Jaipur or any other cities easily with us.
Our expert will help you in choosing the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at info@caagrawalkanhere.com or call us @+91 9827270164.
... ...
Whatsapp Whatsapp