Changing Name of the Company

Changing Name of the Company

During the incorporation of a company, one of the prior requirements is stating the name of the company in the Memorandum of Association. The name of the company provides a special legal status to the company making its own identity. However it can be changed, According to   Section 13 of the Companies Act 2013, a company has the option to change its name by passing a special resolution in their general meeting and after getting approval from the central government.

The process to change the name of the company

Following are the steps involved to change the name of the company:

Passing of resolution by the board
Availability of name
Passing a special resolution of name change in the general meeting
Submission of application to the Registrar of Companies
Issuing new certificate of incorporation
Making changes in the Memorandum of Association

Can a trading name be changed under GST?

Yes, the GST trade name can be changed by visiting the GST portal, visiting the official GST website. By visiting the site the user gets the option to edit their company name after logging into their account.

What leads to a name change?

A name change is done due to various reasons. When a corporation wants to expand its business or wants a rebranding it may opt for a name change. In some cases, the company also wants to change the management of the business in that case as well an application for a change of business name is filed.

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