Change of name of Company - PowerPoint PPT Presentation

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Change of name of Company

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Many a times, situation arise and it may not seem feasible to carry on the business due to its bad financial health, market shrinkage, product quality degradation, inability to compete with the brands and technology etc. In such a situation it is better to wind up the business instead of trying to survive as survival may result in adding extra cost and unnecessary financial burden on the Company. – PowerPoint PPT presentation

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Title: Change of name of Company


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STRATEGY INNOVATION CHANGE
Change of name of Company
Create New Identity... Beyond the Customs Crowd
E
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Name Change Aspects
Post Name Change Aspects
Legal Aspects
Practical Aspects
4
Legal Aspects
  • Section 13 and 14 of the Companies Act, deals
    with provision of Alteration of Memorandum and
    Articles of Association.
  • File with the ROC within 30 days of General
    Meeting
  • Special resolution in E-form MGT- 14
  • Altered MOA and AOA and Minutes of the meeting
    in E-form INC-24.
  • 3. As per Rule 29, Companies cannot opt for name
    if there is default for
  • Not filling annual return or financial statement
    or any other document
  • Failed to pay matured deposit/debentures or
    interest thereon.

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Practical Aspects
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Post Name Change Aspects
  • Publish New Memorandum and articles along with
    old and new COI
  • Apply for PAN/TAN Change
  • File documents with all departments such as GST,
    IEC etc, Banks for name change
  • Company shall paint or affix or print, as the
    case may be, along with its name, the former name
    or names so changed during the last two years at
    its registered office, Common seal (if any),
    letter papers, business letters, bill heads,
    bills of exchange, website and such other
    documents governments may prescribe

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CONTACT US
For information regarding change of name of
Company, anyone can mail us on Email
complianceship_at_gmail.com Mobile No
91-8010233173
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