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Company Name Change

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Overview

What is a Company Name Change?

Note on Company Name Change

Procedure for Change of Name of a Company under the Companies Act, 2013

1. Introduction

A company may, at any time, wish to change its name on account of a change in business activity, rebranding, group restructuring, addition or deletion of the word “Private,” conversion of the company, or resolution of a name-similarity/trademark objection. The name of a company is stated in its Memorandum of Association (MOA), and any change in name is governed by Section 13 of the Companies Act, 2013 read with the Companies (Incorporation) Rules, 2014. A change of name does not create a new legal entity – the company continues with the same Corporate Identification Number (CIN) (which itself is updated to reflect the new name), and all its assets, liabilities, contracts, and legal proceedings continue unaffected.

Name change may be voluntary (initiated by the company through a special resolution) or may be directed by the Central Government/Registrar of Companies (ROC) under Section 16, where an existing name is found identical to or too closely resembling an already registered company or a registered trademark.

2. Salient Features of Company Name Change

Special resolution required

A change of name requires approval of the shareholders by way of a Special Resolution passed in a General Meeting, in addition to Central Government (ROC) approval.

Name approval through RUN/MCA portal

The proposed new name must first be reserved through the RUN (Reserve Unique Name) service or Part A of the SPICe+ form on the MCA portal, and must not be identical or too similar to an existing company/LLP name or a registered trademark.

Approval by the Registrar of Companies (ROC)

The Certificate of Incorporation consequent to name change is issued by the ROC only after the special resolution is filed and the required forms are approved.

No change in legal identity

Only the name clause of the Memorandum of Association changes; the registered office, objects, share capital, CIN (except the name-representing part), PAN (in most cases), and other statutory registrations of the company remain unaffected.

Fresh Certificate of Incorporation

A fresh Certificate of Incorporation is issued in the new name, and the company must intimate the name change to all statutory authorities (Income Tax, GST, bank, etc.) and update its records, stationery, and signage accordingly.

No effect on existing contracts/liabilities

All existing contracts, agreements, licenses, and legal proceedings by or against the company continue to remain valid and enforceable in the new name; the change of name does not affect any rights or obligations of the company.

Government-directed name change

Where the ROC/Central Government suo-motu directs a company to change its name under Section 16 (due to resemblance with an existing name/trademark), the company must comply within the time specified, failing which the ROC may allot a new name itself.

Can be combined with other changes

Where the company also wishes to change its Memorandum's object clause, capital clause, or registered office along with the name, appropriate additional resolutions and forms must be passed/filed simultaneously or separately as applicable.

3. Documents Required

3.1 Documents for Name Reservation

S. No. Document / Detail Purpose
1 Proposed new name(s) of the company (up to 2 options) For reservation through RUN service
2 Certificate of Incorporation (existing) Proof of existing registration and CIN
3 Board Resolution approving the proposed name change Authorisation for filing RUN application
4 Trademark registration certificate, if the new name is based on a registered trademark Supporting document for name approval
5 NOC from trademark owner, if applicable To avoid objection on name similarity

3.2 Documents for Filing with ROC

S. No. Document / Detail Purpose
1 Notice of General Meeting with Explanatory Statement Filing of Form MGT-14
2 Certified true copy of the Special Resolution Filing of Form MGT-14
3 Altered Memorandum of Association (MOA) and Articles of Association (AOA) Filing of Form INC-24
4 Minutes of the General Meeting approving the name change Supporting record for MGT-14
5 Name reservation approval letter/SRN from RUN or SPICe+ Part A Reference number for filing INC-24
6 Board Resolution authorising a director/professional to sign and file forms Filing authorisation

3.3 Post-Approval / Intimation Documents

S. No. Document / Detail Purpose
1 Fresh Certificate of Incorporation (issued by ROC) Proof of the new company name
2 Updated PAN/TAN (if name mismatch requires correction) Aligning tax records with the new name
3 New printed stationery, letterheads, common seal (if any) Statutory requirement under Section 12
4 Intimation letters to bank, GST department, and other regulators Updating name across statutory registrations

4. Complete Process of Company Name Change

  1. Board Meeting for Approval of Name Change – The Board of Directors passes a resolution approving the proposal for change of name, deciding the proposed new name(s), and authorising a director to apply for name reservation and convene a General Meeting.
  2. Name Availability Search – A search is conducted on the MCA portal and the Trademark Registry to ensure the proposed name is not identical or deceptively similar to any existing company, LLP, or registered trademark, in line with the Companies (Incorporation) Rules, 2014.
  3. Reservation of New Name – An application is filed through the RUN (Reserve Unique Name) service (or SPICe+ Part A) on the MCA portal along with the prescribed fee. On approval, the name is reserved for 60 days from the date of approval.
  4. Convening of General Meeting – A General Meeting of shareholders is convened by giving proper notice (along with an Explanatory Statement under Section 102) to pass a Special Resolution approving the change of name and consequential alteration of the Memorandum and Articles of Association.
  5. Passing of Special Resolution – The shareholders pass the Special Resolution (requiring not less than three-fourths majority) approving the new name and the alteration of the MOA/AOA.
  6. Filing of Form MGT-14 – Within 30 days of passing the Special Resolution, Form MGT-14 is filed with the ROC, attaching the notice, explanatory statement, certified copy of the resolution, and altered MOA/AOA.
  7. Filing of Form INC-24 – An application for approval of change of name is filed in Form INC-24 with the ROC, along with the altered MOA/AOA and the requisite fee, seeking the Central Government's (ROC's) approval for the change of name.
  8. Examination by the Registrar of Companies – The ROC examines the application and, if satisfied that all requirements have been complied with, approves the name change.
  9. Issue of Fresh Certificate of Incorporation – On approval, the ROC issues a fresh Certificate of Incorporation reflecting the new name of the company. The change of name takes effect from the date of issue of this certificate.
  10. Alteration of MOA and AOA – The company updates its Memorandum of Association and Articles of Association to reflect the new name, and the altered MOA/AOA is treated as the governing document going forward.
  11. Intimation to Statutory Authorities – The company intimates the change of name to the Income Tax Department, GST Department, bankers, and other regulatory/licensing authorities, and updates its PAN, TAN, GST registration, bank accounts, and other records accordingly.
  12. Updating Stationery and Records – The company replaces its name on the common seal (if any), letterheads, invoices, signboards outside its offices, and all other official documents and statutory registers with immediate effect.

5. Frequently Asked Questions (FAQs)

Collapsible FAQs (or accordions) let visitors browse questions and click to expand answers, keeping pages uncluttered

Does changing the name of a company create a new legal entity? +
Ans. No. A change of name does not affect the legal identity, rights, obligations, or CIN structure (other than the name portion) of the company. All contracts, assets, liabilities, and legal proceedings continue in the new name without interruption.
What is the validity period of a reserved name under RUN? +
Ans. Once a proposed name is approved under the RUN service, it remains reserved for 60 days from the date of approval, within which the company must complete the special resolution and filing process.
Is shareholder approval mandatory for changing the company's name? +
Ans. Yes. A Special Resolution must be passed by the shareholders in a General Meeting with not less than three-fourths majority, in addition to obtaining approval from the Registrar of Companies.
What are the forms required to be filed with the ROC for a name change? +
Ans. Form MGT-14 (for filing the Special Resolution) must be filed within 30 days of the resolution, followed by Form INC-24 (application for approval of change of name), along with the altered Memorandum and Articles of Association.
Does the company need a new PAN or TAN after a name change? +
Ans. Generally, the existing PAN and TAN continue to remain valid, but the name on the PAN/TAN database must be updated to match the new name through an application to the Income Tax Department; a new PAN is not required to be obtained.
Can the Government direct a company to change its name? +
Ans. Yes. Under Section 16 of the Companies Act, 2013, the Central Government may direct a company to change its name if it is found, on application by a registered proprietor of a trademark or otherwise, to be identical to or too closely resembling an existing company's name or a registered trademark.
What happens if the company fails to comply with a Government direction to change its name? +
Ans. If the company fails to change its name within the time specified in the Central Government's direction (usually within three months), the Registrar may allot a new name to the company, and the company shall be required to use that name.
Do existing agreements and licenses need to be renewed after a name change? +
Ans. No fresh agreements are required merely because of a name change. Existing agreements, licenses, and registrations continue to be valid in law; however, it is advisable to intimate the change of name to the relevant counterparties and authorities for updating their records.
How long does the entire name change process typically take? +
Ans. The timeline depends on ROC processing times, but the process – from name reservation to issue of the fresh Certificate of Incorporation – typically takes a few weeks, provided there are no objections or additional queries raised by the Registrar.
Is it necessary to change the company's registered office or object clause along with the name? +
Ans. No, a change of name can be carried out independently. However, if the company also wishes to alter its registered office or object clause, the relevant additional resolutions and ROC forms (such as INC-22 or MGT-14 for object clause alteration) must be filed accordingly, either simultaneously or separately.


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