The Name change for the Private Limited company may have to be changed for a many reasons
including objective change of the business: Change of management; Branding, Change of
Board Members, etc..The company can change the name of the business any time with the
approval of the shareholders and Ministry of Corporate Affairs. As per the MCA
guidelines under section 13, of companies, act. The Company’s name change process is
processed and approved. Get the best knowledge, from the expert team for changing
the business name with FilingsZone. The name of a private limited company can be changed at
anytime with the approval of the shareholders and Ministry of Corporate Affairs (MCA).
Reasons for Company Name Change
* Voluntary Name Change of company
* Change in Business Objective
* Change of Ownership
* For Rebranding/Marketing
* Avoiding Copyright Issues:
Voluntary Name Change of company
The company may, on its own, decide to change the name of the company, subject to
fulfilment of all other conditions it is very much legal and normal to change the
company name voluntarily.
Change in Business Objective
Change in the name may be required due to change of business objective. If the name does
not truly reflect the altered objective, it can be changed in line with the objective.
The company must apply for a change if the Registrar has directed to do so in such case.
Change of Ownership
It is seen that after the change of ownership or takeovers, the company name also changes
to reflect upon the authority of the new management and for branding purposes.
For Rebranding/Marketing
For marketing reasons or to effectively position the company’s brand, sometimes companies
also change their name to bring it as per the latest trend and fashion for better brand
positioning.
Avoiding Copyright Issues
If a company’s name is subjected to copyright issues, then it can change its name to
avoid problems.
Documents
Required for Company Name change
.
Current Certificate of Incorporation
MOA and AOA in word format
Proposed Name(s) in order of preference.
Digital Signature of the authorised director
List of Directors and Shareholders
Letterheads (approx 10) and rubber stamp of director