Company Name Change

A company's name may need to be changed for various reasons, including a change in business objectives, management changes, rebranding, and so on. A company's name can be changed at any moment with the approval of shareholders and Ministry of Corporate Affairs (MCA).

The Procedure for Changing a Company's Name

Getting a Board Resolution passed

A board meeting will be held, and a resolution to alter the company's name will be passed. The board of directors should accept the new name and designate one of the directors or the company secretary (CS) to check the MCA for availability.

Checking the Availability of a Name

The authorised person should submit an INC-1 application to the MCA to check the availability of the chosen name.

Passing of a Special Resolution

The company should call a general meeting after the availability of the new name has been established (EGM). There will be a special resolution.

Making an application to the Registrar

Within 30 days after its passage, the special resolution will be sent to the ROC, together with the form MGT-14, which will contain the resolution's specifics.Form INC-24, along with the required fee, must be filed with ROC within 30 days of filing the MGT-14. This is essential to receive central government approval for the name change. These two forms must also be accompanied by specific documentation.

Certificate of Incorporation is issued

The ROC will issue a new certificate of incorporation reflecting the name change once the application and accompanying documentation have been reviewed and approved.

Documentation is required

1. Memorandum of Association (MOA)

2. Articles of Association (AOA)

3. Certificate of Incorporation

4. Board Meeting Notice

5. Attendance sheet of Board Meeting

6. Minutes of Board Meeting

7. Resolution passed at Board Meeting

8. General Meeting Notice

9. General Meeting Minutes

10. Copies of Resolutions passed at general meeting

Why TaxDraw?

The process is quick and straight forward.

Our team will look into the availability of the name you've suggested.

We will alter your MOA and AOA by drafting a resolution and filling out and filing papers for you.

You will receive the most acceptable assistance possible.

All of your concerns will be addressed.

FAQ's

Yes, you can use this link(https://www.mca.gov.in/mcafoportal/checkCompanyName.do) to check the availability of your chosen company name before applying for the MCA.

No, there can't be two corporations with the same name registered in India. According to the ROC, a corporation will not be able to register a name that is already in use.

Yes, the entire procedure is completed online. We will supply you with a dashboard where you can accomplish everything with ease.

Yes, MOA and AOA changes must require in company name change.