A change in company name can be due to several reasons. Regardless of purpose and time, a change in company name requires the consent of all the shareholders. The justification for the name change can be anything like a change in vision & the mission, change in management, conversion from private limited to public limited, etc.
A company, after incorporation, can change its name in the following ways:
(a) Converting the name from private to public, or
(b) Converting the name from the public to private, or
(c) Conversion of name from ABC limited to XYZ limited.
A change in the Name clause of a company involves altering its Memorandum of Association (“MOA”). Section 13 of the Companies Act 2013 regulates the amending procedure in the MOA, which applies to all companies. All clauses of the MOA, except the Capital clause, are alterable by following Section 13 of the Companies Act, 2013 by passing a special resolution.
Section 13 of the Companies Act, 2013 deal with the change of name, which provides that the company name can be changed by a special resolution and with the Centre's approval. Approval of Central Government is not needed if the change is regarding the addition/deletion of the words “private” to the name.
Section 4(2) the Companies Act, 2013 stipulates that registration of a company is not permissible whose name:
Such word or expression, as may be stipulated [Section- 3 (b)].
The change of name shall not be entitled to a company:
This Article Does Not Intend To Hurt The Sentiments Of Any Individual Community, Sect, Or Religion Etcetera. This Article Is Based Purely On The Authors Personal Views And Opinions In The Exercise Of The Fundamental Right Guaranteed Under Article 19(1)(A) And Other Related Laws Being Force In India, For The Time Being.