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Company Name Change

Changing your company name can impact your brand and growth. The process in India is governed by the Companies Act 2013, and it’s important to follow the legal steps. Vyapaar Registration provides expert support to make the name change process smooth and legally compliant.
Contact Vyapaar Registration to start your company’s name change today!

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Company Name Change

If you're looking to change your company name, the process is straightforward under the Companies Act 2013. You need to pass a special resolution in a general meeting and get approval from the Registrar of Companies (RoC) and the Central Government. Remember, this name change won’t create a new company or affect your rights, obligations, or any ongoing legal cases.

Reasons to Change

Your Company Name

When shifting from a private to a public company (or vice versa), changing the name might be part of restructuring, especially when offering shares to the public or reducing compliance.

A company may decide to change its name for internal reasons or rebranding, provided all legal conditions are met.

If a company shifts its business focus or objectives, a name change might align with the new direction.

Changing a name can be a strategic move to enhance brand positioning or capture market trends, especially when entering new markets.

When ownership changes, a name change may reflect new management or branding efforts.

A company may change its name to strengthen trademark protection or avoid legal conflicts.

The Registrar of Companies (RoC) may mandate a name change in case of legal issues or disputes over trademark use.

Companies may rebrand to capitalize on the success of a specific product or service they are known for.

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Change Your Company Name

Steps

Changing your company's name involves a straightforward process. Here’s how you can do it:

01

Board Resolution

Hold a board meeting to decide on the name change.
Appoint a Director/Company Secretary (CS) to check name availability with the Ministry of Corporate Affairs (MCA).
Prepare for an Extraordinary General Meeting (EGM) to pass a special resolution.

02

Checking Name Availability

Use the RUN (Reserve Unique Name) facility on the MCA portal to reserve and check the availability of the new name.
The Registrar of Companies (RoC) will confirm if the name is available and compliant with the regulations.

03

Passing a Special Resolution

Call an EGM to discuss and vote on the name change.
Pass a special resolution during the EGM to change the company name and update the Memorandum and Articles of Association.
File the resolution with the Registrar of Companies (RoC) once it is passed.

04

Applying for Name Change Approval

File Form MGT-14 within 30 days of passing the special resolution to inform the RoC.
File Form INC-24 with the RoC to seek Central Government approval for the name change.

05

Issuance of Certificate of Incorporation

Once approved, the RoC will issue a new Certificate of Incorporation reflecting the updated company name.
The name change is complete after receiving this official certificate.

Documents Required for Changing Company Name

Form Type Documents
Form MGT-14 - Certified True Copies of Special Resolutions with explanatory statement
- Meeting notice with annexures
- Altered Memorandum & Article of Association
- Attendance Sheet of General Meeting
- Shorter Notice Consent (if applicable)
Form INC-24 - Notice with Explanatory Statement
- Certified True Copy of Special Resolution
- Altered Memorandum & Article of Association
- Minutes of General Meeting
- Affidavit from Directors
Additional Documents - Certificate of Incorporation
- Altered MOA & AOA
- Digital Signature of authorized director
- Proof of registered business address
- List of shareholders and directors

Key Updates After Changing Your Company Name

MOA (Memorandum of Association) & AOA (Articles of Association)

Official seals and common seals

Promissory notes and bills of exchange

Bank accounts and related documents

Tax records (PAN, TAN, GST, etc.)

EPF and ESI department records

Website and social media profiles

Letterheads and business cards

Statutory registers

Employment and business contracts

FAQ

Yes, even if your OPC has only one director, an Annual General Meeting (AGM) must be held within six months from the end of your financial year to ensure compliance.

You need to file your OPC’s Annual Return within 60 days after holding the AGM. This is mandatory for all OPCs.

You will need documents like financial statements, balance sheets, profit & loss accounts, GST return details (if applicable), and proof of director details for KYC compliance.

Your OPC must file its income tax returns by July 31st each year, or September 30th if a tax audit is required.

If you miss any deadlines, you will be subject to penalties, which may include late fees and fines. These can accumulate, so it’s important to file on time.

Yes, your OPC must conduct a statutory audit by a qualified Chartered Accountant to ensure all financial statements are accurate and compliant.

Yes, keeping a register of members, along with other statutory records like the register of directors, is essential for your OPC’s compliance.

Changing your OPC’s name requires a special resolution from shareholders, followed by approval from the Registrar of Companies (RoC). The process is straightforward but requires compliance with certain regulations.

Directors of your OPC must submit KYC details (Form DIR-3 KYC) to the Ministry of Corporate Affairs (MCA) by September 30th of the following financial year.

If your OPC is registered under GST, you must file returns based on your turnover. Quarterly returns are required for businesses with a turnover up to ₹5 crores, while monthly returns apply for those exceeding this limit.

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