{"id":674,"date":"2016-02-27T07:28:16","date_gmt":"2016-02-27T07:28:16","guid":{"rendered":"http:\/\/www.solubilis.in\/blog\/?p=674"},"modified":"2021-10-06T05:39:03","modified_gmt":"2021-10-06T05:39:03","slug":"change-the-name-of-your-company","status":"publish","type":"post","link":"https:\/\/www.solubilis.in\/blog\/change-the-name-of-your-company\/","title":{"rendered":"Do you wish to change the name of your company?"},"content":{"rendered":"<p style=\"text-align: justify;\">An application for reservation of name change is should be provided in the companies registration offices and fees in rules 2014. The proposed name is not identical with the name of an existing company.<\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2016\/02\/Incorporation-of-Company.jpg\" rel=\"attachment wp-att-675\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-675\" src=\"http:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2016\/02\/Incorporation-of-Company.jpg\" alt=\"change the name of your company?\" width=\"671\" height=\"503\" srcset=\"https:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2016\/02\/Incorporation-of-Company.jpg 600w, https:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2016\/02\/Incorporation-of-Company-300x225.jpg 300w\" sizes=\"auto, (max-width: 671px) 100vw, 671px\" \/><\/a><\/p>\n<h2 style=\"text-align: justify;\">Do you wish to change the name of your company?<\/h2>\n<p style=\"text-align: justify;\">1.An application for reservation of name change is should be provided in the companies registration offices and fees in rules 2014. The proposed name is not identical with the name of an existing company. If a proposed name is identical with another. The<a href=\"http:\/\/www.solubilis.in\/company-registration-chennai.php\" target=\"_blank\" rel=\"noopener\"> provisions contained in rule 8 of the <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">company<\/span> registration rules 2014<\/a> is considered. The company name change is shall not be allowed <span id=\"GingerWidget-correction-1\" class=\"correction alternate\">for<\/span> a company. The <span id=\"GingerWidget-correction-2\" class=\"correction alternate\">company, which<\/span> has defaulted in filing its financial statements or annual returns or any documents due for filing with the ROC.<\/p>\n<p style=\"text-align: justify;\">2.If any change in the name of the company shall be subject to the provisions of section 4 of the act 2013.<\/p>\n<p style=\"text-align: justify;\">3. The proposed name should be in consonance of the principal objectives set out in the objects of the company.<\/p>\n<p style=\"text-align: justify;\">4. The out of <em>company name<\/em> can be selected by the applicant. The first name would be the most preferred. The others would follow in the order of preference.<\/p>\n<p style=\"text-align: justify;\">5.The <a href=\"http:\/\/www.solubilis.in\/public-limited-company-registration-chennai.php\" target=\"_blank\" rel=\"noopener\">company as per section (173 )of the act 2013 has<\/a> to hold a board meeting after giving notices. It can adopt in it the new name selected.<\/p>\n<p style=\"text-align: justify;\">6.To watch every officer of the <strong>company<\/strong> whose duty is to give notice as same. If the officer who fails to do so will be punishable <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">by<\/span> the fine up to <span id=\"GingerWidget-correction-1\" class=\"correction alternate\">Rs<\/span>. 25,000.<\/p>\n<p style=\"text-align: justify;\">7.The e-Form has the following attachments :<\/p>\n<p style=\"text-align: justify;\">(a) Copy of the board determination.<\/p>\n<p style=\"text-align: justify;\">(b) A logo is connected with<a href=\"http:\/\/www.solubilis.in\/trademark-registration-chennai.php\" target=\"_blank\" rel=\"noopener\"> the trademark then image of the logo<\/a>.<\/p>\n<p style=\"text-align: justify;\">(c) If the company name change is due to direction received from the government, then copy of such direction.<\/p>\n<p style=\"text-align: justify;\">(d) Optional attachments if any which can be any other information.<\/p>\n<p style=\"text-align: justify;\">8. Make that the e-Form is digitally signed by the managing director or manager or secretary of the company\u00a0 punctually authorized by the board of directors.<\/p>\n<p style=\"text-align: justify;\">9. Retrieve that once the processing of the e-Form is completed. If it is filed electronically then an acknowledgement e-mail will be sent to you regarding approval.<\/p>\n<p style=\"text-align: justify;\">10. If none of the proposed names <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">are made<\/span> available by the ROC then. In case of e-filing the ROC will inform you by <span id=\"GingerWidget-correction-1\" class=\"correction alternate\">email<\/span> that is rejected or ask for re-submission. The application with new names or call for further information. Ordinarily within 3 days of receipt of the application.<\/p>\n<p style=\"text-align: justify;\">11. If the same step is not taken instantly. After getting two opportunities for re-submission. The <a href=\"http:\/\/www.solubilis.in\/company-registration-chennai.php\" target=\"_blank\" rel=\"noopener\">proposal against the fee paid in the first instance then apply again to the concerned ROC <\/a>selecting fresh names with required application fee.<\/p>\n<p style=\"text-align: justify;\">12. The confirmation is given from the ROC that the new name is available for adoption. To consider the board meeting after giving notices to all the directors of the company as per section 173 of the companies act.<\/p>\n<p style=\"text-align: justify;\">13. Mention that the new name is available. It should be adopted <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">within<\/span> 60 days from the date of the name is allowed.<\/p>\n<p style=\"text-align: justify;\">14. Remember that every officer of the company whose duty is to give notice as same. If the officer who fails to do so will be punishable <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">by<\/span> the fine up to <span id=\"GingerWidget-correction-1\" class=\"correction alternate\">Rs<\/span>. 25,000.<\/p>\n<p style=\"text-align: justify;\">15. The publicize notices are not less than 21 days from the date of the meeting.<\/p>\n<p style=\"text-align: justify;\">16. Consider the general meeting and pass the special resolution by <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">a three fourths majority<\/span> for change of <a href=\"http:\/\/www.solubilis.in\/\" target=\"_blank\" rel=\"noopener\"><span id=\"GingerWidget-correction-1\" class=\"correction alternate\">the present name<\/span> to the new name availed of from the ROC.<\/a><\/p>\n<p style=\"text-align: justify;\">17. File the special resolution with informative statement in e- Form with the concerned ROC within thirty days of its passing (<strong>Registration offices and fees<\/strong>).<\/p>\n<p style=\"text-align: justify;\">18. Make that the e-Form is filed electronically and the copy of the special resolution. The informative statement <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">is filed<\/span> with the e-Form as attachments.<\/p>\n<p style=\"text-align: justify;\">19. Make that the e-Form is digitally signed by the managing director or manager or secretary of the company\u00a0 punctually authorized by the board of directors.<\/p>\n<p style=\"text-align: justify;\">20.Further make that the e-Form is certified by a Cost accountant or a Company <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">Secretary<\/span> or a Chartered accountant in whole time practice <span id=\"GingerWidget-correction-1\" class=\"correction alternate\">of<\/span> digitally signing the e-Form.<\/p>\n<p style=\"text-align: justify;\">21. Mention that if default is made in complying with the same requirement of filing the form within. The extended time allowed by section 403 of the act 2013 with the additional fees. The company shall be liable to a fine which shall not be less than rupees five lakhs.The fine which may extend to rupees twenty five <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">lakhs<\/span>. Every officer of the <span id=\"GingerWidget-correction-1\" class=\"correction alternate\"><strong>company<\/strong>, including<\/span> the official liquidator if <span id=\"GingerWidget-correction-2\" class=\"correction alternate\">any, who<\/span> is in default will be punishable with fine of Rs<span id=\"GingerWidget-correction-3\" class=\"correction alternate\">. <\/span>one lakh which may extend to rupees five lakhs.<\/p>\n<p style=\"text-align: justify;\">22. Do the following if the shares of your company are listed on a established stock exchange :<\/p>\n<p style=\"text-align: justify;\">(a) Send copies of notices issued to the shareholders <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">in<\/span> <a href=\"http:\/\/www.solubilis.in\/public-limited-company-registration-chennai.php\" target=\"_blank\" rel=\"noopener\">the stock exchange with respect to the correction of your company&#8217;s memorandum<\/a> of <span id=\"GingerWidget-correction-1\" class=\"correction alternate\">the organization<\/span>.<\/p>\n<p style=\"text-align: justify;\">(b) File with the stock exchange six copies of the corrections made in the memorandum of <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">the organization<\/span>. As soon as they are adopted by the company in the general meeting.<\/p>\n<p style=\"text-align: justify;\">(c) Forward to the stock exchange promptly three copies of the notice. A copy of the proceedings of the general meeting.<\/p>\n<p style=\"text-align: justify;\">24. The prescribed form of application is e-Form and it is to be filed electronically. The following should be filed with it as attachments.<\/p>\n<p style=\"text-align: justify;\">(a) Copy of minutes of the meeting of members where <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">a resolution<\/span> has been passed.<\/p>\n<p style=\"text-align: justify;\">(b) Copy of any approval order obtained from the concerned authorities. Such as RBI, SEBI, IRDA etc&#8230; or the concerned department.<\/p>\n<p style=\"text-align: justify;\">(c) If the company name change is due to <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">changes<\/span> in <a href=\"http:\/\/www.solubilis.in\/company-registration-chennai.php\" target=\"_blank\" rel=\"noopener\"><span id=\"GingerWidget-correction-1\" class=\"correction alternate\">the main activity<\/span> of the company<\/a>. A certificate <span id=\"GingerWidget-correction-2\" class=\"correction alternate\">of<\/span> chartered accountant regarding turnover details from new activity.<\/p>\n<p style=\"text-align: justify;\">(d) Copy of any previous approval order taken for change of name of the company.<\/p>\n<p style=\"text-align: justify;\">(e) Any other information as an optional attachment.<\/p>\n<p style=\"text-align: justify;\">25. Make that the e-Form is digitally signed by the managing director or manager or secretary of the company\u00a0 punctually authorized by the board of directors.<\/p>\n<p style=\"text-align: justify;\">26. On receiving<a href=\"http:\/\/www.solubilis.in\/company-registration-chennai.php\" target=\"_blank\" rel=\"noopener\"> the approval of your new registration company name <\/a>is applied to the concerned ROC for a fresh certificate of <strong>registration<\/strong> in the new name. On the issue of such certificate by the ROC the change in name will be effective.<\/p>\n<p style=\"text-align: justify;\">27. The necessary changes have in every copy of the memorandum and articles of association, vouchers, records, registers, common seal, sign boards etc.If your company does not have changes in the note and articles of association(<strong>Registration offices and fees<\/strong>). The <em>company<\/em> will be punishable with fine of upto Rs. 1000 for every which does not bear the alteration.<\/p>\n<p style=\"text-align: justify;\">28. If the change in name amounts to either addition thereto or <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">deleted<\/span> therefrom of the word &#8221; <strong>Private<\/strong>&#8220;. A solution of rectification of a <strong>public company<\/strong> into <span id=\"GingerWidget-correction-1\" class=\"correction alternate\">a <strong>private company<\/strong><\/span> or vice versa. The government approval is not required under proviso to section (13) of <strong>the registration act 2013.<\/strong><\/p>\n<p style=\"text-align: justify;\">29. Mention that if at any time the company issues any copies. The memorandum and articles of association without making the necessary changes therein. <a href=\"http:\/\/www.solubilis.in\/company-registration-chennai.php\" target=\"_blank\" rel=\"noopener\">Who is in default of every officer in the company <\/a>(<strong>Registration offices and fees<\/strong>). The officer will be punishable with fine upto Rs. 1000 for each copy is issued.<\/p>\n<p style=\"text-align: justify;\">30. Furthermore keep in mind that the offenses mentioned in item 5, 22, 29, 40 and 41 are compoundable by the regional director.<\/p>\n<p style=\"text-align: justify;\">31. Further note that if your <em>company<\/em> is a listed company. The company has changed <span id=\"GingerWidget-correction-0\" class=\"correction alternate\">its<\/span> name suggesting any new line of business. The company is done their <em>registration in Chennai.<\/em> Then your company is required under clauses (29) of the standard listing agreement to disclose.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An application for reservation of name change is should be provided in the companies registration offices and fees in rules 2014. The proposed name is not identical with the name of an existing company. Do you wish to change the name of your company? 1.An application for reservation of name change is should be provided in the companies registration offices [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[108],"tags":[109,111,55,38,110],"class_list":["post-674","post","type-post","status-publish","format-standard","hentry","category-company","tag-change-the-name-of-your-company","tag-chennai","tag-company-name-change","tag-company-registration","tag-new-company-registration"],"_links":{"self":[{"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/posts\/674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/comments?post=674"}],"version-history":[{"count":5,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/posts\/674\/revisions"}],"predecessor-version":[{"id":1661,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/posts\/674\/revisions\/1661"}],"wp:attachment":[{"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/media?parent=674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/categories?post=674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/tags?post=674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}