Company name is its identity in business. Where company find its important to change in name of company then below article explain about procedure. Along with name change of company its important to alter AOA & MOA. Section 13 of Companies Act 2013 gives guideline for change AOA MOA. Procedure for Private Limited company name change is time consuming and require lost of paper work. Where company changes its name it does not have any legal impact on identity of company. If there any legal proceeding is name of company then same shall continue. There are 6 simple steps to be followed by Private Limited Company For Change in Name of Company.
For Change in Company Name Procedure first stage is issue notice to board members to conduct meeting. Company should hold board meeting as per Section 173 of Companies Act. In Board meeting board should discuss about change in Company name. Suggest proposed name of company.
For Change in name of Private Limited company , it need to be ensured that proposed name is unique. And it’s as per guidelines of Companies Act 2013. Check availability of proposed name on MCA Website and on Trade mark website. File RUN Form ( Reserve Unique Name ) online to MCA. Attachment for this run form are copy of board resolution and Trade mark Owner approval copy if any. Once MCA approved new name they will issue name reservation letter.
Once company get name reservation letter , company shall call for Extra Ordinary General meeting. Notice for EGM should be given at least 21 days before to members. Notice shall mention place of meeting , date of meeting and subject of meeting. The board has to then issue a notice to all Shareholders, Directors, and auditors of the company in accordance with Section 101 of Companies act 2013.
Company need to pass a resolution for Change in name of company. Where there is object clause is changes due to name change then same need to be discussed in meeting and pass resolution.
Resolution shall contain following details
After passing of special resolution in Extra ordinary general meeting company need to apply for name change of Private Limited Company. Form MGT 14 need to filed within 30 days of passing of special resolution.
After filing of necessary documents in Form MGT 14 , MCA will check documents. If MCA is fine with documents then they mays issue Name change registration certificate. Its not necessary that name should reflect object of company. However if it there object in company name then it should be as per Object clause of company.Private Limited Company Name Change.