17 August 2013
PLease provide the text of explanatory statement for change of name of company. The reason behind the change is change in shareholdings and directors. New Members want the name to change as per their desire. Kindly provide the maater for explanatory statement for such reason
17 August 2013
EXPLANATORY STATEMENT PURSUENT TO SECTION 173(2) OF THE COMPANIES ACT, 1956
ITEN NO.1
RX Limited is a well known company in ........Sector. The Board intends to use this brand name ... as the name of the company under which they do their .... business in India and abroad. The directors believes that the new name would help the company to bring positive energy thereby helping business to grow faster. Hence it is decided to change the name from ..... LIMITED to ...... LIMITED.