LLP name change procedure

Steps involved for change in the name of a company:

Please find below the procedure for altering name clause of Memorandum and Articles of Association of the company:

Step 1 : Board meeting for deciding the agenda for change in name

The Board of directors of a company should first consider the need and reason for changing name of the company.

Step 2 : Seeking No Objection Certificate

Company should seek No Objection Certificate from similar named company (If Applicable)

Step 3 : Seeking name availability for proposed new name from the ROC

An application in e-Form 1A is required to be made along with necessary filing fee of Rs. 500 to the ROC for getting confirmation regarding availability of the proposed new name. The Registrar shall intimate the applicants about the status of availability of name.

Step 4 : Approval of members in general meeting

After getting name availability confirmation from the ROC, the Board shall convene a general meeting of members for the purpose of getting member’s approval through passing special resolution under section 21. The resolution so passed shall be subject to approval of the Central Government. (powers have been delegated to the Registrar of Companies).

As change of name of company involves amendment in Memorandum (MOA) and Articles of Association (AOA) etc., so special resolutions also required to be passed for alteration of MOA and AOA.

Step 5 : Registration of Special Resolution with ROC through form-23 (Section-192)

As desired by section 192 (4)(a) Company shall also file certified copy of the special resolution along with explanatory statement (If Applicable) with ROC through form-23 within 30 days of general meeting.

Step 5: Filing of form-1B with ROC u/s 21

In accordance with section 21 an application in form 1B is to be made to the ROC (Powers delegated to the ROC by Central Government) for approval of change of name of the company along with requisite fee.