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Company Name Change Online

Change your company name with MCA compliance. Service includes name availability search, name approval & complete documentation
We draft applications for approval of company name change and file them with the registrar of companies

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FAQ's on Company Name Change Online

How to Change the Name of a Company?

The process of changing a company's name typically involves the following steps:

Board Resolution: Convene a board meeting to pass a special resolution approving the name change.

Check Name Availability: Ensure the desired new name is available and not already in use by another company.

Special Resolution at General Meeting: Call an extraordinary general meeting (EGM) to pass a special resolution approving the name change.

Application for Approval: Submit an application to the relevant government authority (e.g., Registrar of Companies) seeking approval for the name change.

Issuance of New Certificate of Incorporation: Upon approval, receive a new certificate of incorporation reflecting the new company name.

Does changing the name of the company result in the formation of a new company?

No, changing the name of a company does not result in the formation of a new company. It is simply a change in the legal identity of the existing company. The company's assets, liabilities, contracts, and other legal obligations remain unchanged.

When will the new name of the company become effective?

The new name of the company becomes effective upon the issuance of the new certificate of incorporation by the relevant government authority.

What is the timeline for changing the name of the company?

The timeline for changing the name of a company can vary depending on the jurisdiction and the complexity of the process. However, it typically takes several weeks or months to complete the process.

Will the PAN Number change?

Yes, you will need to apply for a new Permanent Account Number (PAN) card reflecting the new company name.

After the Name Change, Whether MoA & AoA is also altered?

Yes, the Memorandum of Association (MoA) and Articles of Association (AoA) must be altered to reflect the new company name. The MoA is a mandatory document that outlines the company's objectives and powers, while the AoA is a set of regulations governing the company's internal affairs.

Can two companies have the same name?

Generally, two companies cannot have the same name if they are operating in the same jurisdiction and are registered with the same government authority. However, there may be exceptions to this rule, such as if the companies are operating in different industries or if they have clearly distinguishable trademarks.

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Authors

Written by Nithya, Reviewed by Mithra Menon. Last updated on May 27 2024, 03:27 PM

Mithra Menon excels in Corporate Law Matters and Debt and Money Recovery. She offers assistance in company incorporation both domestically and internationally, along with partnership firm registration. Additionally, she provides advisory services on compliance and LLP registration in India.

Nithya Ramani Iyer, a criminologist and writer, serves as the SME and manages communications at Vakilsearch. Drawing from her experience at Seasearch Intelligence and Legal domains, she enriches our content with insightful perspectives.

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