Frequently Asked Questions
1Can I change the Name of my company after its incorporation?
Yes, changing a company name is possible after company’s incorporation. In order to change name of your company, the procedure is to be followed requires the approval of Registrar of Companies (RoC).
2What is the process of changing company name in Private Limited Company?
The procedure for changing company name requires amendment in Name Clause of the Memorandum of Association (MoA). The procedure requires conducting Board Meeting, Extra-Ordinary General Meeting and filing of various applications to the RoC.
3Whether change in objectives of the company can be processed simultaneously with change in Company Name?
Yes, the change in Business Objective i.e. Change of Main Object of the company can be processed along with change in name of company. However, you shall additionally choose the package for change of Business Objective.
4Whether Name Change in Company Name requires approval of shareholders?
Yes, the approval of Shareholders is must for change of Company. To effect the said change, a resolution in General Meeting of the company shall be passed with at least 75% majority of shareholders.
5Whether any restrictions are provided for change the name of Private Limited Company?
No restrictions are provided for name change of private limited company. However, the name to be applied shall be in conformity of the rules prescribed. Please read our blog for more details: Mark Business Identity Wisely – Choosing the name of Company
6Will the change in company name effect on existence of the company?
The company name change will not affect the existence of the company. The said company will continue to be in existence and will be known by another name as will be applied and approved by Registry. Changing the name of company does not give birth to another company.
7When will the name of company be effective?
The name changed of a company will be effective only after approval received from RoC. The RoC on his satisfaction of application made, will issue a fresh Certificate of Registration (CoI) for the said company with a new name.
8What will be the effect of changing company name?
To know about the change of company name and effects post name change
9Whether application of PAN shall be made after name change?
Yes, the application for updating PAN data will be requried to be made after the change in name of the company.
10Do I need to display the old name with the new name of the company?
Yes, the previous name of the company shall be mentioned or displayed with the new name of the company wherever it is mentioned or displayed.
11Whether change of name will include amendment in MoA and AoA of the company?
Yes, the change in company name will require the amendment in MoA and AoA of the company. The altered MoA and AoA shall be submitted to Ministry of Corporate Affairs (MCA) with the applications to be made.
12What is the Name Clause of the Memorandum of Association (MoA) of the company?
The name clause in Memorandum of Association provides the name by which the company is known.