Name change

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CA.Ritu Agarwal (Querist)
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25 July 2013 After getting form 1A Approved for change of name of a company ..How long do we need to wait for filing form 1B. Can we start using the approved name just after geeting form 1A approved.

Thanks

Ajay Mishra

Ajay Mishra (Expert)
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25 July 2013 Hi

No, You will call general meeting after approval of name, and adopt the name change, then File 23 and Form-1B.

The name will be effective as and when ROC approve and issue new COI.

Ajay Mishra

Ajay Mishra (Expert)
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25 July 2013 An application in e-Form 1B u/s 21 of the Act is to be made to the Central Government (powers delegated to the Registrar) electronically for approval of change of name of the company.

The Registrar of Companies shall consider and scrutinize the application for change in name on various grounds like:—
(a) the company has furnished sufficient reasons for change in name and that the proposed change in the name is in consonance with the principal objects of the company;
(b) that the proposed name is not undesirable as per the guidelines announced by the Government;
(c) that if the company has applied for abbreviated name, the company is well established and has a reputation in the market.

On being satisfied the Registrar shall accord his approval for the change in name and shall issue a certificate of such effect.

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