Noc for company name reuse

Giridhar Narasimhamurthy (M.D) (28 Points)

05 September 2019  

We have a private limited company with 3 directors. We need to pass a resolution that allows one of the directors to be able to start a new business with the same name as the existing private limited company, but sometime in the future. Does this NOC need a board meeting resolution or can it be passed by "resolution by circulation" ? Does the NOC need to be part of MGT-14 filing with MCA/ROC or some other filing with MCA/ROC ?