Name of a company can be changed at any time after its incorporation with the interest of directors and shareholders. Being a separate legal entity regulated by law, it has to follow a specific process provided by the Companies Act, 2013. Consent from members has to be obtained by conducting a board meeting and once gets consent from members, name reservation and approval from Central Government should be obtained. Fresh Certificate of Incorporation will be issued by RoC in new name after updating the Register of Companies. The change of name does not affect the existence of the company, which leaves all the assets and liabilities unaffected.
Due to any justified reason, the directors and the shareholders mutually may voluntarily decide to change the business name. Name of the company can be used to reflect the vision and characteristic of the business. The existing name requires being change in certain situations like trademark claim etc.Show Less
If the existing name does not reflect the new business activity of the company, name of the company may needed to be changed. If the registrar has directed for change of name to suite business activity, the company must obey the same and apply for change of name.Show Less
Name plays an important role in the value of brand, if it finds the existing name gathering goodwill up to expectation of the owners of the company, they will forced to find a new name. Also with the change or expansion of markets (inside the country or international) it may require considering for a name change to sustain in competitive market conditions.Show Less
Companies doing business regionally mostly uses the names in regional languages or to suite regional culture and while planning for an expansion of market like nationwide or even to international market, the existing name won’t be easily recognizable for the new markets. In certain circumstances, the owners of the company may need to consider for change of name of the company to make it more recognizable in the expanded markets.Show Less
PAN Card of the Company
Certificate of Incorporation of the Company
Digital Signature Certificate of one of authorized director
Copy of latest amended MoA and AoA
Identification plays an important role in making a business outstand in competitive market, build a unique and distinctive name for your business hence enhance your brand’s trust and value. Consumers should identify activity of your business from the brand name so that they can relate your business with its offerings.
Even though it meets all the above criteria, once again make sure that the brand name to be short, easy to remember and simple to pronounce or spell.
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All it takes 10 – 15 working days*
*Subjected to Government Processing Time