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Change of name of a existing company with change in objects

Jayanti Dey (Practicing Company Secretary) (271 Points)

23 March 2011

I want to change the name of an existing private limited company with its main objects. Can u please tell me what is the procedure for the same?

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8 Replies

CS MOHIT SALUJA (PRACTICING CS Jalandhar 9914558709) (5155 Points)
Replied 23 March 2011

First of all hold the board meeting to change the name and object and get the approval of board for changing its name. then check whether the new name you want to change with, exist or not as per the name guidelines issued by MCA i.e. the new name should not match with any other existing name or trade mark etc.an apply for approval of that name. Then hold an EGM where pass the resolution that the company want to change its name along with the object with an explanatory statement describing why the company want to change its name. after passing the resolution in EGM, file the requisite forms 23 and 1B with the concerned ROC. the name will be changed and the company will be provided with the amended certificate exhibiting the new name

1 Like

CS Ankur Srivastava (Company Secretary & Compliance Officer) (17848 Points)
Replied 23 March 2011

Process for Change of Name

Hold board meeting and consider about name change and change in object and authorise the CS for filing of Form 1A and Form no. 1B for change of name.
File form no.1A
On receipt of new name confirmation hold another board meeting for
- Affixing date, time and venue of General Meeting for passing special resolution for

1. Name Change

2. Change in MOA

3. Change in Articles

4. Change in Object Clause of MOA

Approve the notice of General Meeting

Issue notice of General Meeting

Hold General Meeting and pass aforesaid resolutions
The special resolution so passed subject to the approval of Central Government.(Power has been delegated to ROC).
File form no. 23 within 30 days of Special Resolution.
File application to ROC for approval of name change in form no. 1B
After the ROC issued the certificate for change in name incorporate in MOA and AOA and all documents, invoices, bills letterheads, signboards, share certificates etc.
Advertise the name in the Newspaper
Intimate all the concerned authorities(Bank, Creditors etc)
Arrange for the new common seal and adopt it in properly conducted Board Meeting.

2 Like

gaurav tayal (student) (35 Points)
Replied 17 April 2011

i liked it its too simplee

CS Ankur Srivastava (Company Secretary & Compliance Officer) (17848 Points)
Replied 19 April 2011

Thank you Gaurav.

Pankaj jain (Tax Officer) (21 Points)
Replied 20 April 2011

Is the above procedure stated by Mr. Ankur for change in name and object is for private company ?

Jaideep (Service) (1368 Points)
Replied 20 April 2011

Originally posted by : Pankaj jain
	Is the above procedure stated by Mr. Ankur for change in name and object is for private company ?

Yes it is also applicable to Private Compnaies.

Regards

Jaideep Pandya

CS Shivi Reddy (COMPANY SECRETARY) (175 Points)
Replied 21 April 2011

Thanks Ankur

You sated the procedure in such a simple language..

Regards

Shivi

SANJAY D. AKRUWALA (XYS) (22 Points)
Replied 18 June 2016

Ankur,

Whether an existing Private Ltd company having main object of real estate could be changed to any other object? Is there any precaution need be taken in the procedures or else.