MCA inserts new Rule 33A - Allotment of a new name to the existing company under section 16(3) of the Companies Act

Last updated: 28 July 2021

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The Ministry of Corporate Affairs (MCA) has introduced a new rule, Rule 33A, to the Companies (Incorporation) Rules, 2014. This amendment, effective from 1st September 2021, specifically addresses the process for allotting a new name to an existing company under section 16(3) of the Companies Act. A new form, INC-11C, has also been inserted to facilitate this process, particularly for name changes due to non-compliance with a Regional Director's order.

The Ministry of Corporate Affairs, in exercise of the powers conferred by sub-sections (1) and (3) of section 16, and sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013) has released the Companies (Incorporation) Fifth Amendment Rules, 2021 to further amend the Companies (Incorporation) Rules, 2014. These Rules shall become effective from 1st September 2021.

New MCA Rule 33A: Allotting New Names to Companies

Under the amended rules, MCA has notified a new Rule 33A after Rule 33 which shall deal with the Allotment of a new name to the existing company under section 16(3) of the Act. Furthermore, in the annexure, a new Form INC-11C has also been inserted after Form No.INC-11B. This new Form deals with the Certificate of Incorporation pursuant to change of name due to Order of Regional Director not being complied.

Click here to read the official notification, provision of the new Rule 33A and format of the new Form INC-11C.

FAQ :

The MCA has introduced a new Rule 33A to the Companies (Incorporation) Rules, 2014.

The new Rule 33A becomes effective from 1st September 2021.

Rule 33A deals with the allotment of a new name to an existing company under section 16(3) of the Companies Act.

Yes, a new Form INC-11C has been inserted after Form No. INC-11B.

Form INC-11C is used for the Certificate of Incorporation pursuant to a change of name due to non-compliance with an Order of the Regional Director.

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