Change in name of a Compnay
- Change your company name with MCA compliance. Service includes name availability search, name approval & complete documentation
- We draft applications for approval of company name change and file them with the registrar of companies
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Company Name Change overview
Blue Boc Compliance understands that a company's name is at the core of its identity. Our Company Name Change service can assist in making sure a transition runs smoothly; whether rebranding, merging or simply looking to start over, Vakilsearch's experts offer expert assistance to ensure smooth change.
Changing the name of a company can be an exciting endeavor, often driven by rebranding initiatives or shifts in business focus. However, it's crucial to navigate the compliance requirements associated with change in name of a company to ensure a smooth transition while adhering to legal obligations.
The name of a company can be changed anytime after the incorporation, but there are several compliances that need to be followed for changing the name of a company.
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Change Your Company Name
Circumstances for change in name of a company
The possible circumstances for change in name of a company are listed below:
- Due to Brand confusion
- Due to change in the industry or the product line
- Due to the length of name of the business
- Disliking the name
- Name is irrelevant to the industry of operation
Procedure for change in name of a company
- Step-1: Check for Applicable provisions with respect to name Change
- Step-2: Application for Name Availability
- Step-3: Board Approval
- Step-4:Application for Name Change
- Step-5: Name Approval from central Government
- Step-6: Shareholder Approval
- Step-7: Registration of New Name of the Company
Have a question? Check out the FAQ
Change Name of Compnay
Does changing the name of the company result in the formation of a new company?
No, changing the name of a company does not result in the formation of a new company. It is simply a change in the legal identity of the existing company. The company's assets, liabilities, contracts, and other legal obligations remain unchanged.
When will the new name of the company become effective?
The new name of the company becomes effective upon the issuance of the new certificate of incorporation by the relevant government authority.
What is the timeline for changing the name of the company?
The timeline for changing the name of a company can vary depending on the jurisdiction and the complexity of the process. However, it typically takes several weeks or months to complete the process.
Will the PAN Number change?
Yes, you will need to apply for a new Permanent Account Number (PAN) card reflecting the new company name.
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