Change in Name Clause
A company’s name is more than just an identity—it reflects its brand, vision, and market positioning. Over time, businesses may need to change their registered company name to align with rebranding, diversification, mergers, or legal requirements. Under the Companies Act, 2013, this process requires alteration of the Name Clause in the Memorandum of Association (MOA) followed by MCA approval. Filing must be done accurately with proper resolutions, forms, and documentation. Liquetax simplifies this entire journey by handling board resolutions, name availability checks, MCA filings, and certificate issuance, ensuring your company’s new identity is legally recognized without delays.
What is Change in Name Clause?
The Name Clause is a fundamental part of the MOA that defines the legal name of a company registered with the Ministry of Corporate Affairs (MCA). To adopt a new name, a company must formally amend its MOA and Articles of Association (AOA) through shareholder approval and ROC filing. This procedure ensures that the new name is unique, compliant with MCA guidelines, and not similar to existing registered names or trademarks.
Benefits of Change in Name Clause
?? Rebranding & Market Expansion – Adapt to new markets or brand identity. ?? Legal Requirements – If the name resembles another company/trademark, MCA may require change. ?? Mergers & Restructuring – Reflect new ownership, business line, or merger activity. ?? Global Credibility – For international expansion, companies often adopt a globally acceptable name. ? Compliance with Companies Act – Keeps records updated with ROC and MCA.
Eligibility & Requirements
- Applicable to Private Limited
- Public Limited
- Section 8 Companies
- and OPCs.
- Requires board and shareholder approval via special resolution.
- Prior approval of Central Government (MCA) is mandatory.
- Company should have no pending compliance defaults (annual filings
- dues).
- Trademark search is recommended before applying for a new name.
Change in Name Clause: Step-by-Step Process
- Board Meeting – Pass resolution to propose name change.
- Name Availability Check – Apply through RUN (Reserve Unique Name) on MCA portal.
- Extraordinary General Meeting (EGM) – Pass special resolution for name change.
- File Form MGT-7/14 – Submit resolution with MCA.
- Amend MOA & AOA – Update with the new name.
- ROC Approval – Registrar verifies and issues fresh Certificate of Incorporation.
- Update PAN
- TAN
- GST
- Bank
- and Other Registrations – Reflect new company name in all statutory records.
Documents Required
- Certificate of Incorporation (existing)
- MOA & AOA (current version)
- Board Resolution & Special Resolution
- Digital Signature Certificate (DSC) of directors
- Notice of EGM and consent from shareholders
- MCA approval letter (if applicable)
Government Fees
• Name approval application (RUN): ?1,000 • Filing of MGT-14: ?500–?1,000 (depending on capital) • Filing of INC-24: ?1,000–?2,000 Stamp duty: Varies by state Liquetax ensures transparent fee estimates with no hidden costs.
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Client Success Story
NextWave Tech Pvt Ltd – Originally incorporated as “Bright Future Solutions Pvt Ltd,” the founders wanted a modern, global identity for investors. Liquetax handled their entire name change process, from RUN application to updating statutory records. Within 15 working days, the company was legally recognized under its new brand identity.
Change in Name Clause: Frequently Asked Questions
? How long does it take to change a company name?
Usually 10–15 working days, depending on MCA approvals. ? Can I change my company name anytime? Yes, provided all annual filings are up to date and no legal disputes are pending. ? Do I need shareholder approval? Yes, a special resolution in an EGM is mandatory. ? Is trademark clearance required? While not compulsory, it is strongly recommended to avoid future disputes.
