Quick Answer
Under the Companies Act, 2013, companies changing their name must follow Section 13(2) and Section 13(3). This process involves passing a board resolution, a special resolution, and filing Form INC-24 for Central Government approval. Additionally, Form MGT-14 must be filed within 30 days to record the special resolution.
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Generate Board Resolution recommending name change, Special Resolution under Section 13(2), Altered MOA first page & Filing Checklist for changing the name of a Company under the Companies Act, 2013.
A company must pass a board resolution followed by a special resolution under Section 13(2). It requires filing Form INC-24 for Central Government approval per Section 13(3), alongside filing Form MGT-14 within 30 days of the resolution, and updating the first page of the Memorandum of Association.
According to the provided article, Form MGT-14, which is required for the filing of the special resolution regarding a company name change, must be filed within 30 days of the resolution being passed.
To change a company name, you must file Form INC-24 to obtain approval from the Central Government. Furthermore, you are required to file Form MGT-14 to document the special resolution, in accordance with the regulatory requirements set out in the Companies Act, 2013.
Yes, Central Government approval is required for a change of name under Section 13(3) of the Companies Act, 2013. Companies must submit an application using Form INC-24 to obtain this necessary official authorization as part of the formal name change process.
Company name changes are governed by Section 13(2) regarding special resolutions, Section 13(3) concerning Central Government approval, and Rule 29 of the Companies (Incorporation) Rules, 2014. These sections provide the legal framework for updating company names under the Companies Act, 2013.
Company name change under Section 13 of the Companies Act 2013 requires: (a) board resolution proposing the change; (b) name availability via SPICe+ Part A; (c) special resolution at general meeting; (d) MGT-14 filing within 30 days of resolution; (e) INC-24 application for central government approval; (f) issuance of fresh certificate of incorporation; (g) downstream updates across PAN, GSTIN, bank accounts, statutory registers, contracts.
Stamp duty on the altered MOA/AOA is payable at state-specific rates. Existing contracts and tax registrations continue under the new name with intimation, but disclosed-name updates across all stakeholders are essential.
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