Procedure for Change of name of the Company

The procedure for change of name in the company includes conducting board meetings and pass a resolution for name change of private limited company over member’s meetings for their respective approval, which will be succeeded by name reservation and approval from Central Government for said change. Fresh Certificate of Incorporation will be submitted by RoC in the new name after renewing the Register of Companies. The company name change does not change the existence of the company, which gives all the assets and liabilities unchanged

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ABOUT

Introduction

When particularly talking about the company, the business objectives are defined in the main object clause of MoA. These objectives define the scope of the company’s principal business activities within which it may operate. A company cannot undertake those activities, which are not prescribed in its object clause.

Need for Company Name Change

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Voluntary Change

The directors or the shareholders may voluntarily decide to change the business name mutually for any justified reason. Names can be used to reflect the vision or any characteristic of the company. Making the name relatable and easy for the consumer can also be a reason to change the business name.

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Change in Business Objective

Change in the name may be required due to a change of business objective. If the name does not truly reflect the altered objective, it can be changed in line with the objective. The company must apply for a change if the Registrar has directed to do so in such a case.

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Enhance Brand Value (Rebranding)

Name assumes the brand value of the company and the intention to improve the brand value is often a reason to change the name. Also, industries where trends change over a period of time, an appropriate name can be chosen to be in line with the trend and create a distinct identity. Change of name can prove to be a good marketing strategy to enhance the brand value. 

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Discard boundaries assumed by the name

By use of words representing geographical region or offerings, the name defines the boundary of operations. Expansion by capturing a wide market includes demands removing boundaries assumed by the name. Further, if the name has become irrelevant to products or services offered it must be changed to target the right audience. 

Registration Process Flow

1-2 HOURS
Select Package

Select a package from our wide range of packages online, or speak to our customer care representative regarding your requirements.

2 WORKING DAYS
Select the new name and Check availability

We select a new name for the company and check its availability to MCA.

2 WORKING DAYS
Make Changes in MoA and AoA

We will make changes in MoA and AoA regarding the change of name in the company.

 
1-2 HOURS
Certificate of Incorporation

All the documents are verified by ROC and a new certificate of incorporation is issued to the company.

 

DOCUMENTS REQUIRED

Documents Required for Change of Name

  • DSC of one of the authorised director to be provided
  • A copy of the latest amended MoA and AoA of the company
  • Certificate of Incorporation of the company to be provided
  • Copy of PAN card of the company to be provided.

PRICING

Basic Package

Save upto-10% cost on this package

₹ 7,999

(Inclusive All)

  • Name Search Report
  • Name approval in RUN (Reserve Your Unique Name)
  • DSC(2no) (Extra Dsc Per Director – Rs-1000)
  • Filing Spice Form
  • Issue of Incorporation certificate along with PAN & TAN
  • Include Government Fees & Stamp Duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP and Kerala.
  • Msme Registration
  • Share Certificate (Soft Copy)
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Growth Package

Save upto-20% cost on this package

₹ 9,999

(Inclusive All)

  • Name Search Report
  • Name approval in RUN (Reserve Your Unique Name)
  • DSC(2no) (Extra Dsc Per Director – Rs-1000)
  • Filing Spice Form
  • Issue of Incorporation certificate along with PAN & TAN
  • Include Government Fees & Stamp Duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP and Kerala.
  • Msme Registration
  • Share Certificate (Soft Copy)
  • GST Registration
  • Stamp and Company Seal
  • Bank – Current Account Opening
  • 10% Discount on Future Service
BUY NOW

Premium

Save upto-30% cost on this package

₹ 16,999

(Inclusive All)

  • Name Search Report
  • Name approval in RUN (Reserve Your Unique Name)
  • DSC(2no) (Extra Dsc Per Director – Rs-1000)
  • Filing Spice Form
  • Issue of Incorporation certificate along with PAN & TAN
  • Include Government Fees & Stamp Duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP and Kerala.
  • Msme Registration
  • Share Certificate (Soft Copy)
  • GST Registration
  • Trademark Registration
  • 1month free GST filing
  • NDA
  • Guideline for Startup India Registration.
  • Stamp and Company Seal
  • Bank – Current Account Opening
  • 10% Discount on Future Service
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FAQ's on change name

There is no restriction provided for the name change of a private limited company, which may be the case for a public company. The names chosen for an application must be in conformity with the rules prescribed.
Ministry has introduced a web form “RUN” (Reserve Unique Name) for reservation of new names of existing companies. The company can apply with 2 different names with its significance. The names should be unique and in accordance with the provisions.
Yes, MoA and AoA, both must be altered with the new name.
If the name change is made due to a change in the main object, both the procedures can be carried on simultaneously. An amendment letter change company name is sent to the board members. As the approval of the Government is involved, the period can vary based on the response and time taken by RoC.
It will be effective only after the issuance of a fresh Certificate of Incorporation. The concerned officer on his satisfaction with the application made will issue a fresh CoI with a new name.
 
After the change of name, the company has to update its name with all the ministries it is registered with. All the stationaries i.e. Business cards, letterheads, display boards, etc. must be updated with a new name. An important change is the ratification of contracts entered in the previous name. The parties to contract must ratify said contracts after adopting a new name.
 
Yes. For a period of two years from change, wherever the company’s name is displayed, the previous name must also be displayed.
 
Yes, a NRIs and Foreign National can become Directors in a Private Limited Company. They need to get a DIN from the Indian ROC. They can also be a majority shareholder in the company. Provided at least one Director on the Board of Directors should be an Indian Resident.
There is no limit on the minimum capital required to start a proprietorship.
 
Yes, you are personally liable for your sole proprietorship. You will be held personally accountable for your business’s debts and legal judgments.
 
1. Gateway of Tally > press Alt + F3 (Cmp Info) > Alter .
2. In the Company Alteration screen, make the necessary changes.
3. Accept the changes. As always, press Ctrl + A to save.
The existing GST registration can be amended to reflect the new business name. Changes to business name can be updated on the GST portal by filing FORM GST REG-14 within 15 days of a change of business name.
The authorized director or company secretary will apply in form INC-1 to MCA for checking name availability and approving the name. This process is the same as the process adopted at the time of initial name approval.
Many companies find it necessary to change their names in order to accelerate their success if they suffer from brand confusion or when people mistake your company for another with a similar name, acronym, or logo. This means your employees must work even harder to make your company stand out. An affidavit format for company name change should be used if you are changing your original name to a new name and have discarded the old name.