Name, Address & Object Changes

Company Name Change

By G R Hari3 min read

Quick Answer

Company Name Change India is a legal process governed by the Companies Act, 2013, allowing a registered company to alter its name. This service is essential for businesses undergoing rebranding, restructuring, or other business changes.

Company Name Change — detailed explanation below

Governing Act — Company Name Change India

The primary legislation governing Company Name Change India is the Companies Act, 2013. Specifically, Section 13 of the Act deals with alteration of the memorandum of association, including change of name. The process also involves Rule 29 of the Companies (Incorporation) Rules, 2014, which prescribes the procedure for name change and the requirement of a fresh name availability check.


Government Department & Website for Company Name Change India

The Ministry of Corporate Affairs (MCA) is the government department responsible for regulating company name changes in India. All filings, including name availability applications and form submissions, are done through the MCA's online portal at www.mca.gov.in. The Registrar of Companies (ROC) having jurisdiction over the company's registered office processes the application.


Company Name Change India Application Process

The process for Company Name Change India involves several steps. First, the company must check the availability of the proposed new name using the RUN (Reserve Unique Name) service on the MCA portal. Once the name is approved, the board of directors must convene a board meeting to propose the name change. Subsequently, a special resolution must be passed by the shareholders in a general meeting. After the resolution, the company files Form MGT-14 (for resolution) and Form INC-24 (for name change application) with the ROC. Upon approval, the ROC issues a fresh Certificate of Incorporation reflecting the new name.


Key Forms Required for Company Name Change India

The key forms required for Company Name Change India are:

  • RUN (Reserve Unique Name): For name availability check.
  • Form MGT-14: Filing of special resolution with the ROC.
  • Form INC-24: Application for change of name.
  • Form INC-22: For registered office address change if applicable.
  • Form INC-28: For alteration of memorandum of association. All forms are filed electronically on the MCA portal with the prescribed fees.

Eligibility Criteria for Company Name Change India

Any company registered under the Companies Act, 2013, can apply for a name change. The proposed name must not be identical or too similar to an existing company or trademark, and must not violate the provisions of the Emblems and Names (Prevention of Improper Use) Act, 1950. The company must be in good standing with the ROC, meaning all annual filings and compliances are up to date.


Timeline for Company Name Change India

The timeline for Company Name Change India depends on the ROC's processing time. After filing the application, the ROC typically takes a few weeks to review and approve the name change. The entire process, from name availability check to issuance of the new certificate, may take several weeks. No specific time estimate can be given as it varies by case.


Fees for Company Name Change India

The government fees for Company Name Change India are prescribed under the Companies (Registration Offices and Fees) Rules, 2014. The fees vary based on the company's authorized share capital. Below is an indicative table of fees:

Authorized Share CapitalFee for Form INC-24
Up to ₹1,00,000₹200
₹1,00,001 to ₹5,00,000₹300
₹5,00,001 to ₹10,00,000₹500
Above ₹10,00,000₹1,000

Additional fees may apply for name reservation and other filings. These are government fees only and do not include professional charges.

Frequently Asked Questions

What is the procedure for Company Name Change India?

The procedure involves checking name availability via RUN service, passing a board resolution and special resolution, filing Form MGT-14 and Form INC-24 with the ROC, and obtaining a fresh Certificate of Incorporation.

How long does Company Name Change India take?

The timeline varies based on ROC processing. After filing, approval may take a few weeks. No exact duration can be guaranteed.

What are the documents required for Company Name Change India?

Documents include board resolution, special resolution, altered memorandum of association, proof of name availability, and identity/address of directors. All are filed electronically.

Can a company change its name multiple times in India?

Yes, a company can change its name multiple times, but each change requires compliance with the same procedure under the Companies Act, 2013.

What is the cost of Company Name Change India?

Government fees depend on authorized share capital, ranging from ₹200 to ₹1,000 for Form INC-24. Additional fees for name reservation and other filings apply.

Is a special resolution required for Company Name Change India?

Yes, a special resolution passed by shareholders is mandatory for changing the company's name under Section 13 of the Companies Act, 2013.

What happens after Company Name Change India is approved?

The ROC issues a fresh Certificate of Incorporation with the new name. The company must update its name on all documents, letterheads, and registrations.