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The name of a company may have to be changed for a number of reasons including a change in the objective of the business, change of management, rebranding, etc. If the name does not truly reflect the altered objective, it can be changed in line with the objective. The name of a company can be changed at any time with the approval of the shareholders and the Ministry of Corporate Affairs (MCA).
The name adopted by a private limited company during incorporation can be changed later. To change the name of a private limited company, the consent of the shareholders through a special resolution and MCA approval are required. The change of name of a private limited company has no impact on its legal entity or its existence as a corporate entity. The change of name of a company will not create a new company or new entity.

Documents required
1. DSC of 1 authorized signatory/director of the Company;
2. Copy of latest Memorandum and Article of Association of the Company;
3. Certificate of Incorporation of the Company.

Procedure to Alter name of company under companies act, 2013

Issue Notice of Board Meeting

Issue a Board notice with the agenda of the meeting at least seven days before the meeting date

Board Resolution

Pass a Board Resolution for change of name of the Company and to alter MOA.

Check Company Name Availability

Check name availability and make an application to the Registrar for name reservation.

Pass Special Resolution for Name Change

Once the name is approved, pass a special resolution for change of Company name and to alter the Memorandum of Association and Articles of Association.

File e-form MGT-14

File necessary resolutions in form MGT-14 within 30 Days from the date of passing the resolution.

Make application to Central Government for change of name

Upon the filing of the resolution, make an application to the Central Government for the name change.

Issuance of New Certificate of Incorporation

The Registrar shall issue a new Certificate of Incorporation bearing the new name of the Company.

Alteration in MOA and AOA

Subsequent to the issuance of the new incorporation certificate, steps must be taken to change all the copies of the Memorandum of Association and Articles of Association of the Company

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Know more about it...

Which forms are required to be filed for the change of Company name in India?
The forms required are RUN (Reserve Unique Name) Form, MGT 14, and INC-24.
How long does it generally take to change the Company name in India?
It usually takes around a time period of 4 to 6 business working days to change the company’s name after filing form INC-24.
What will happen in the case where, for any reason, the reserved name of the company gets expired?
In such a case, the company name will have to re-apply for the name reservation.
Which resolution is required to be passed to change the Company Name?
Board Resolution and a special resolution is required to change the name of the Company.
For how long does a name remain reserved?
A name remains reserved for a period of 60 days, starting from the date of name reservation.
Will the change in Company name result in a New Business Entity?
No, the change in the company name will not result in a new business entity.
What are reasons for alteration of Name Clause of the Company?
Change of Name by Shareholders (Voluntary change) and Change of Name due to order of the Central Government
When Change in Name of Company is not allowed?
The change of name shall not be allowed in cases where the Company has not filed annual returns or financial statements, or has failed to pay or repay matured deposits or debentures or interest thereon. However, the change of name shall be allowed upon filing necessary documents or payment or repayment of matured deposits or debentures or interest thereon as the case may be.