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Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
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In today's competitive business environment, a company's name represents more than just an identifier; it is a crucial element of its brand identity and corporate culture. A well-thought-out name can shape customer perceptions and significantly influence market presence, leaving a lasting impression on all stakeholders. However, there may come a time when changing a company's name becomes necessary. This could happen for various reasons, and while it's a strategic decision, it should be undertaken with careful planning and adherence to legal protocols. In India, changing a company's name is governed by the Companies Act, 2013. This article will explain the company name change procedure, its importance, and the legal framework involved. Are you planning to change your company name? OnEasy offers expert assistance and smooth execution of the name change process, ensuring compliance with legal regulations and a seamless transition. Reach out to OnEasy today and take the first step towards redefining your company's identity!
Understanding Company Name Change
Under the Companies Act 2013, a company can change its name by passing a special resolution in a general meeting, subject to approval by the Registrar of Companies (RoC) and the Central Government. Changing the company name does not create a new legal entity; the same company continues under a different name. This change will not affect the company's rights or obligations, or any legal proceedings involving or against the company.
Company Name Change
Under the Companies Act 2013, a company can change its name by passing a special resolution in a general meeting, subject to approval by the Registrar of Companies (RoC) and the Central Government. Changing the company name does not create a new legal entity; the same company continues under a different name. This change will not affect the company's rights or obligations, or any legal proceedings involving or against the company.
Legal Provisions for Changing a Company's Name
The Companies Act 2013 contains several provisions governing name changes:
Restrictions on Name Changes
Rules 29(1) and 29(2) of the Companies (Incorporation) Rules, 2014 place certain restrictions on name changes:
When Can a Company Change Its Name?
A company may change its name for various strategic or legal reasons:
Timeline for Changing a Company Name
The process generally takes 10 to 15 working days, depending on approval from various regulatory bodies.
Procedure for Changing a Company Name
The process for changing a company name involves the following steps:
Essential Post-Name Change Compliances
After a name change, the company must update various documents and records to reflect the new name:
OnEasy: Your Reliable Partner for Company Name Changes
Ready to change your company name? OnEasy guides you through the process, ensuring legal compliance at every step. Our experienced team simplifies complex procedures, providing a smooth and hassle-free transition.
FAQ
Frequently Asked Questions
Companies change names for various reasons, such as rebranding, change in ownership, business restructuring, legal or compliance issues, or to better reflect their business activities and market positioning.
No, changing the name does not create a new legal entity. The company remains the same, with all its rights and obligations intact, and any ongoing legal proceedings continue under the new name.
The process involves passing a special resolution in a general meeting, applying for name approval through the MCA's RUN (Reserve Unique Name) service, filing the necessary forms (MGT-14 and INC-24), and obtaining a new Certificate of Incorporation from the Registrar of Companies (RoC).
The name change process typically takes 10 to 15 working days, depending on how quickly approvals are granted by the RoC and other regulatory bodies.
A company that has defaulted on filing its statutory documents or failed to repay deposits or debentures can only change its name once these defaults are rectified.
Yes, you need to update the Memorandum of Association (MOA) and Articles of Association (AOA) to reflect the company's new name and file these updates with the RoC.
For the name change to be valid, a special resolution must be passed in a general meeting with the approval of at least 75% of the shareholders.
Yes, it is important to inform banks, suppliers, customers, and other business partners about the name change. All official documents, licenses, and registrations should also be updated.
The company's PAN and TAN will remain the same, but you must update the records with the relevant authorities to reflect the new name.
The new company name must be unique, not identical or similar to an existing company's name. It should also not violate trademarks or be considered undesirable by the RoC or the Central Government. Approval must be obtained through the RUN service.
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