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Breif
A company name change is the process of updating the registered name of a company with the Registrar of Companies (ROC) to reflect its new identity, brand, or business direction.
Overview
Changing a company’s name helps align the legal identity with its vision, brand, and operations. The process involves checking name availability, passing board and shareholders’ resolutions, filing the necessary forms with ROC, and obtaining a new certificate. It ensures credibility, legal compliance, and supports business growth.
Process
Step 1 - Check Name Availability – Verify the proposed name on the MCA portal to ensure it’s unique.
Step 2 - Apply for Name Approval – Submit Form INC-1 to the Registrar of Companies for approval.
Step 3 –Board Resolution – Approve the proposed name change in a board meeting.
Step 4 – Shareholders’ Resolution – Pass a special resolution in the general meeting.
Step 5 – File Form INC-24 with ROC – Submit all required documents and resolutions for name change approval.
Step 6 – Receive Certificate of Name Change – ROC issues a new certificate reflecting the updated company name.
Checklist
Details & Documents Required for Change in name of company
1. Decision on New Name – Choose the new name you want for your company.
2. Board Approval – Provide consent or approval from the board to proceed.
3. Shareholder Approval – Confirm that shareholders agree to the name change.
4. Authorization – Nominate a person from your company to coordinate with us for the process.
5. Provide Company Details – Share basic company info like CIN, registered office address, and directors’ details.
6. Digital Signatures (DSC) – Digital Signature of the Authorized Person
Time Taken
Total Time: Approximately 7–10 working days from the date of receipt of all required documents.
- Decision on New Name & Client Approval: 1 day
- Board & Shareholders’ Resolution Preparation: 1–2 days
- Filing Form INC-24 with ROC for Name Change: 1–2 days
- ROC Verification & Issuance of New Certificate of Incorporation: 3-5 days
Deliverable
The following deliverables are included in the Biz Silver Plan. Deliverables for other packages may vary accordingly:
- Approved New Company Name – Confirmation that the proposed name is accepted by ROC.
- Board & Shareholders’ Resolutions – Professionally drafted and approved resolutions for the name change.
- Filing with ROC – Complete submission of Form INC-24 and all statutory requirements.
- Updated Certificate of Incorporation – Issued by ROC reflecting the new company name.
Post-Name-Change Compliance Support – Guidance for updating company name on PAN, GST, bank accounts, and other statutory records.
Why Choose Us
Bizeneed make the process of changing your company name fast, simple, and completely hassle-free. From drafting board and shareholders’ resolutions to filing with the ROC and obtaining the updated Certificate of Incorporation, we handle everything end-to-end. Our team of experts ensures legal compliance, timely execution, and transparent communication at every step, so you can focus on your business while we take care of all formalities. Trusted by businesses across India, we provide personalized support to make your name change smooth and stress-free.
FAQs
A company name change is the process of updating the registered name of a company with the Registrar of Companies (ROC) to reflect a new identity or business vision.
Any company registered under the Companies Act, 2013, with board and shareholder approval, can apply for a name change.
Yes, the new name should be unique, not identical or similar to existing company names, and comply with MCA naming guidelines.
No, but it is recommended if the company wants its legal name to match its brand, business activity, or vision.
Yes, both private and public companies can apply, following the MCA rules and approval process.
The process involves choosing a new name, drafting board and shareholder resolutions, filing Form INC-24 with ROC, and obtaining the updated Certificate of Incorporation.
Typically, 7–10 working days from the receipt of all client approvals and information.
Yes, a board resolution approving the new name is mandatory.
Yes, a special resolution in a general meeting of shareholders is required.
Yes, ROC provides acknowledgment and status updates after filing Form INC-24.
Decision on the new name, board & shareholder consent, basic company details, and a point of contact to coordinate.
No, we handle all drafting and filing. Directors only need to provide approvals.
Yes, we assist in checking name availability with MCA to ensure the name is acceptable.
Only if the company operates in a regulated sector; we will guide you if special approvals are needed.
ROC issues an updated Certificate of Incorporation reflecting the new name.
Yes, after the name change, all statutory records must be updated; we provide guidance for post-change compliance.
Yes, failure to update statutory records may lead to compliance issues or penalties.
Yes, we assist with all post-name-change statutory updates and compliance requirements.