Company Name Change

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All about Company Name Change

Overview

A Limited Company is identified by a name and the selection of name is as per the discretion of a company. In other words, a company can alter its name whenever it wants to. However, the name change should be as per the regulations and procedures of company laws.

Reasons for Changing company’s name

Change of business activity of the company.

Change to reflect brand of the company.

Change as per government order.

Conditions to fulfill for Changing Company’s Name:

A time period of at least 1 year should have elapsed from the last name change.

At least 50% of its total revenue in the preceding 1 year period should have been accounted for by the new activity suggested by the new name, or, the amount invested in the new activity/project is at least 50% of the assets of the company.

The new name along with the old name shall be disclosed through the web sites of the respective stock exchange/s where the company is listed for a continuous period of one year, from the date of the last name change.

Effects of changing company’s name

The change of name, by no means, shall affect any rights/obligations of the company and any legal proceedings continued against/by the company in its former/new name.

The legal proceedings commenced by the company in its old name can be continued under the new name.

The entity of the company continues despite such change.

The company is not dissolved nor does any new company come into existence.

By such change, the constitution of the company is not changed, only the name changes.

Documents required for changing a company’s name

Document Checklist

Certified copy of Board Resolution

Current Certificate of Incorporation

MOA and AOA in word format

List of Directors and Shareholders

Proposed Name(s) in order of preference.

Digital Signature of the authorised director

Letterheads (approx 10) and rubber stamp of director

FEES FOR CHANGE IN Company Name

Standard

12999/-

Company Name Change(Private Limited)

Document preparation

Name Approval

Application for Name Change of the Company

Buy

regular

19999/-

Company Name Change(Public Limited)

Document preparation

Name Approval

Application for Name Change of the Company

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Process to Company Name Change

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