Company Name Change
The name of a company or LLP can be changed with Board of Directors and Shareholders approval. Retry Global Solutions Solutions offers an easy process for changing company or LLP name.
Price starts from ₹ 15999/-
The name of a company or LLP can be changed by the promoters at anytime after incorporation. Some of the major reasons for change of company name are business model change, change of promoters, rebranding, etc., To change the name of a company, shareholders approval is required along with approval from the Ministry of Corporate Affairs. The change of name of a company or LLP however has no impact on the legal entity or its existence. Hence, all assets and liabilities of the entity would continue, while only the name of the company would have been changed.
Change of company name requires passing of a board resolution, obtaining name approval from MCA, passing of a special resolution and applying for approval of new company name to the MCA. If the MCA accepts the application, a new certificate of incorporation is issued. After obtaining the new certificate of incorporation, changes must be made to incorporate and change the MOA and AOA of the company as well.
Reasons to Company Name Change
What are the Documents required for Company Name Change?
Date of last name change of the Company & Details name change history from the date of incorporation.
Copy of receipt of payment of the Annual Listing Fees for the current year and arrears, if any
Three copies of specimen of printed stickers for affixing on share certificates.( showing new name)
An audited copy of the financial results for the last one-year Certificate of Incorporation subsequent to change in name of the Company
Brief details about the current line of business of the Company
What Includes in this package?
Checking Name Availability
Preparation of Board Resolution
Making ROC Payment
Name Approval Letter
What is the process for Company Name Change?
New Certificate of Incorporation
On the off chance that the Registrar is happy with the application, it will issue another endorsement of consolidation. This declaration is a demonstrate sign that the innocence of the organization has been changed, and every one of the records and any correspondence will be successful with the utilization of the changed name, after they are joined in MoA and AoA.
On the off chance that the name is affirmed, the organization must hold an exceptional general meeting to pass a unique determination for the difference in organization in the name and similar changes in the MoA and AoA.
Endorsement of Company Name Change
Once the extraordinary determination is passed, you should document this with the Registrar of Companies. A frame 1B, alongside the imperative charge for name change, as given by MCA, should be submitted to get the last endorsement. This is the essential stage, and once you are through this, the following methods are straightforward.
The application sent by the executive or organization secretary (or any approved individual) will be recorded with the MCA. The method is like the application submitted amid organization joining and the new name ought to be in adherence to the naming rules given in the Companies Act, 2013.
Change the MoA and AoA
With the New Testament issued, you would now be able to adjust the MoA and AoA. This will conclude the technique. Despite the fact that another joining authentication is issued (with the changed name), the various lawful conventions continue as before, and the organization can’t escape any past commitments to them
The board needs to approve an adjustment for the sake of the private constrained organization and approve an executive or organization secretary to apply for the same to the MCA. In the meantime, a choice should be taken to assemble another load up meeting for a difference in name (after endorsement) and furthermore to roll out improvements in the Memorandum and Articles of Association (MoA and AoA).