A company wants to change its name. What procedures it should adapt. it is also availing Working capital limit with Bank. whether Bank will ask anything.How to proceed Regards.
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Quick Summary
This discussion outlines the necessary steps for a company to change its name, including board resolutions and potential Company Law Board approval. It also addresses concerns about how a bank might react to the name change, assuring that existing agreements will remain valid under the new name.
There are specific procedures subject to boards resolution at extraordinary general meeting if it extremely urgent. Company law board approval is necessary.
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