Change Company name

Changing a company’s name in India involves following a specific procedure established by the Ministry of Corporate Affairs (MCA). Here’s a breakdown of the key steps:

1. Board Resolution:

Convene a board meeting of directors to pass a resolution proposing the change in company name.
The resolution should include:
- Reasons for the name change
- Proposed new name (ensure it complies with MCA guidelines)
- Authorization for a director or company secretary to initiate the process

2. Name Availability Check:

Conduct a name availability check through the MCA portal to confirm the proposed new name is not already in use by another company.

3. Special Resolution by Shareholders:

Call for an Extraordinary General Meeting (EGM) of shareholders.

Present the proposed name change and obtain approval through a special resolution (at least ¾th majority of votes cast by shareholders entitled to vote).

4. Application for Name Change:

Apply for approval of name change with the MCA using eForm INC-24.
The form should include:
- Certified copy of the board resolution
- Certified copy of the special resolution passed by shareholders
- Notice of EGM
- Fees as prescribed by the MCA

5. MCA Approval and New Certificate of Incorporation:

The MCA will review the application and issue a public notice regarding the proposed name change.
If no objections are received within a stipulated timeframe, the MCA will approve the name change.
Upon approval, the MCA will issue a new Certificate of Incorporation reflecting the company’s new name.

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