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Package inclusions:

  1. Name selection assistance
  2. Name application & approval by MCA
  3. Change of name of the Company
  4. Filing Form with MCA

₹ The brand of a Company becomes very important to keep it get going. Get the name of your company changed quickly and online with the help of experts.

  • Complete solution for starting a Nidhi Company, including incorporation of limited company, issue of shares and obtaining Nidhi status.

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Changing of the Name

The name of Company is something which gives it a separate identity and sometimes a Company may need to change its name because of numerous reasons like change in the management or change in the objective of the Business. Sometimes re-branding of Company and restructuring may also be a reason of change in name. Name of Company lie in the 1st line of Memorandum of Association therefore change in the name of company must begin with a Special Resolution and approval by the Ministry of Corporate Affairs.

If a company plans to change anything that affects its certificate of incorporation or its article of association or its memorandum then company needs to file for its approval to MCA. After approval of MCA, ROC issues final approval; this is the procedure of change in most cases.

ComplyKart is the most trusted company for all of the Corporate Laws related compliances as we have the expert professionals and attorneys with experience which makes their work more accurate. All of our services are rendered by a selective team of professionals who are exclusively having expertise in their respective field.

Common reasons of changing the name of company:-

  1. Creating New Brand Name:- 

    Sometimes Companies want to develop a brand name but existing name is not well reputed therefore they opt to change the name of Company.

  2. Matching the Products and services:- 

    Having the name of Company same as the product or service widens the scope of products or services offered as the product can be recognized by the name of the Company itself.

  3. Old Name doesn’t fit the bill:- 

    When the Company changes its line of products or Industry and the existing name does not fit any more, Companies tend to change the name.

  4. Brand name matches with another Company:-

    There are brand names that sound similar to its own brand name and it wants a distinct one or sometimes Ministry also redirects you to change the name of the Company.

PROCEDURE OF CHANGING COMPANY NAME

  • 1

    A Board meeting is convened to discuss name change and a Board member, or Company secretary is asked to file with MCA for availability of name.

  • 2

    Once MCA scrutinize the Name application, it approves by a mail and the authorized person applies for name change.

  • 3

    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.

  • 4

    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

  • 5

    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

Documents Required

Following documents are required

  • Digital Signature Certificate (DSC) of one of its directors
  • Copy of existing Memorandum of Association and Article of Association
  • A copy of Certificate of Incorporation (COI)
  • CTC of Board Resolution
  • CTC of Resolution of Members with Explanatory Statement

Frequently asked Questions

What else changes with the change in the name of the company?

Nothing, all the legal obligations of the company stays as they were after the change in the name.

What are the pre requisites for changing the name of the company?

For changing the name of the company, all the shareholders should be willing which is then passed to the MCA.

Compare your Options

Comparison of Popular Company Registration Options

All Features

Price

  • Recommended for
  • Venture Capital Funding
  • Limited Liability Protection
  • Dividend Tax
  • Deposits from public
  • Share Listing in Stock Exchange
  • Credibility

Public Limited

₹37899

  • Growth Stage and also for early stage with broad business vision
  • 10/10

Private Limited

₹12999

  • Early-stage entrepreneurs with broad business vision
  • 7/10

Limited Liability Partnership

₹7999

  • Professional service firms
  • 5/10

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