Company Name Change Process Under Companies Act, 2013
Changing a company's name is a strategic decision that may be driven by rebranding, expansion, or legal requirements. Under the Companies Act, 2013, a company can change its name by following a proper legal procedure and obtaining approval from the Registrar of Companies (ROC).
Documents Required to Change Business Name
The documents required for changing a company name include:
Attachments to Form MGT-14 (For Changing Company Name):
- Certified True Copies of the Special Resolutions along with the explanatory statement.
- A copy of the meeting notice was sent to members, including all annexures.
- Altered Memorandum & Article of Association.
- Copy of the Attendance Sheet of the General Meeting.
- Shorter Notice Consent, if applicable.
Attachments to Form INC-24 (For Name Change Approval):
- Notice along with Explanatory Statements.
- Certified True Copy of the Special Resolution.
- Altered Memorandum & Article of Association.
- Minutes of the General Meeting.
- Affidavit from Directors.
Changing a company's name typically takes around 10 to 15 working days due to the need for approvals from various departments.
Procedure for Company Name Change
- Convene a Board Meeting and pass a resolution for name change.
- Check name availability with ROC (apply for name reservation).
- Call a General Meeting and pass Special Resolution.
- File Form MGT-14 with ROC within 30 days.
- File Form INC-24 for name change approval.
- Obtain fresh Certificate of Incorporation with new name.
