Yes. A Private Limited Company or a Public Limited Company change its name after getting approval of its Share Holders through a Special Resolution in General Meeting.
It generally takes around 25 days’ time for getting approval of change of name from the ROC. However everything depends on the processing time taken by Government department.
After change of name is approved by the ROC and a revised Certificate of Incorporation is received you need to change name of your company on PAN Card, apply for change of name with VAT, Service Tax, and Shop Establishment etc. Company is also required to inform its stake holders, bankers and people with whom they have made agreements about the change of name. New copies of Memorandum and Articles of Association should also be printed.
No, change in the company name will not create any new entity.
Name of the company must be according to the Companies Incorporation Rules 2014.
Name of the Company will be effective from the date of issue of Certificate.
CG approval is required when there is an addition and deletion of the word “Private”.
ROC must be intimated within 30 days of passing the resolutions in the general meeting.
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