Change in Name

Change Company Name

Changing a Company’s name needs several compliances to be followed. Complete all relevant procedures with L-Man

All about Company Name Change

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

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

Documents required for Addition or Removal of director

Fill Simple Checklist

Our Compliance Manager will get in touch with you to obtain your documents along with a simple checklist. You need to fill up the checklist and submit along with the documents for processing. Our expert team will verify documents and proceed with changing the company’s name.

Name Availability

Once we have all verified all the documents, we will check the availability of the name that you have chosen. If the availability of the new name is confirmed by the RoC, A special resolution shall be passed and altered AOA and MOA will be drafted accordingly about such change in name.

Applying to ROC

Once the special resolution is passed the same will be submitted to ROC in form MGT 14 and we will also file the form INC 24 along with the required documents and fees. Upon being completely satisfied, the RoC will issue a new Certificate of Incorporation, reflecting the change in name.

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