Change Company Name
To change company name can be changed and the reasons attributed for the same could be in the case of a change in the business objective, or change in the management team, or for the purpose of rebranding etc. As per the provisions of the Ministry of Corporate Affairs (MCA), one can change the name of the company taking the approvals of all the existing shareholders.
Change Of A Company Name Services in Hyderabad & Bengaluru, Our experts at 24eFiling will be able to give you the required guidelines for changing the name of the company and performing the backend prerequisites, and updating the change to the MCA and other legal documents.
How To Change A Company Name
To change a company name amounts to a significant alteration since the Memorandum of Association and Articles of Association need to be altered. As per Section 13 of the Companies Act 2013, to change a company name, a special resolution should be passed in general meetings and received approval from the Central Government.
The following is a step-by-step process:
- Passing board resolution when partners mutually agreed
- Checking name availability
- Passing Special Resolution
- Applying to Registrar
- Issuance of certificate of incorporation
- Incorporating company name in MoA and AoA
Company Name Change Fees
The fee charged for changing the name of the company varies based on the authorized capital of the company.