Changing from a private limited company to a public limited company may involve altering the company's name as part of the restructuring process. This change is often made when a private company offers its shares to the public through an initial public offering (IPO) and becomes subject to different regulatory requirements.

Conversely, a public limited company may change its status to a private limited company. This change may involve altering the company's name, among other modifications. Companies may choose this route for various reasons, such as reducing regulatory compliance or increasing management control.

Sometimes, companies opt for a complete name change, which goes beyond altering the company's status or structure. The company's board may choose to undergo a voluntary name change, provided all necessary conditions are met.

When a company modifies its business activities, it may change its name to align with its updated objectives. In such cases, adjustments to the Memorandum of Articles may also be necessary.

Companies may decide to change their names for marketing purposes, effective brand positioning, or to stay in tune with current trends and fashions that enhance their brand image. It can also be a strategic move when entering new markets.

A change in ownership or an entity taking over the company often results in a name change. This alteration reflects the authority of the new management and serves branding purposes.

A company may opt for a name change to strengthen its trademark or copyright protection. Conversely, it may avoid potential IPR conflicts by altering its name.

RoC may issue a company name change order following a complaint from another company claiming priority in name or trademark usage. In such cases, compliance with RoC's directive becomes mandatory.

When a business gains prominence for a specific product or service, it may rebrand the entire company around that product or service to capitalize on its popularity.

Step 1: Board Resolution

Initiate the process by convening a board meeting. During this meeting, the board of directors will decide to change the company's name. They will also authorize a Director or the Company Secretary (CS) to verify the availability of the new name with the Ministry of Corporate Affairs (MCA). Additionally, the board will set the groundwork for conducting an Extraordinary General Meeting (EGM) to pass a special resolution.

Step 2: Checking Name Availability

To ensure the chosen name for the company is available and compliant with regulatory requirements, the authorized director or company secretary will follow these steps:

• Reservation Request: The authorized representative will initiate a request for the reservation and approval of the new name using the RUN (Reserve Unique Name) facility provided by the Ministry of Corporate Affairs (MCA).
• Availability Check: Through the RUN facility, they will verify the availability of the proposed company name. This process mirrors the name approval procedure during the company's initial incorporation.
• Confirmation from RoC: Once the request is processed, the Registrar of Companies (RoC) will issue confirmation regarding the availability of the proposed name. It's important to note that this confirmation does not constitute the final approval of the company name; it simply confirms that the requested name is available.
• Compliance Check: The proposed name must adhere to certain guidelines. It should not closely resemble an existing company name or trademark and should not include prohibited words outlined in the Companies (Incorporation) Rules, 2014. All other conditions applicable during the initial name approval process also apply in this situation.

Step 3: Passing a Special Resolution

After obtaining confirmation from the Registrar of Companies (RoC) that the proposed name is available and compliant, the company must proceed with the following steps to formally change its name:

Step 4: Submission of Company Details (SPICe+ Part B)

Provide comprehensive information concerning capital, registered office address, subscriber and directors' details, stamp duty, PAN and TAN application, and necessary attachments for company registration in india.

• Calling an Extraordinary General Meeting (EGM): The company must convene an EGM, during which shareholders will discuss and vote on the proposed name change. This meeting should be called with proper notice, and the agenda should include the resolution to change the company's name.
• Passing a Special Resolution: During the EGM, a special resolution will be proposed and voted upon. This special resolution should explicitly state the company's intention to change its name and make the necessary amendments to the Memorandum of Association and Articles of Association to reflect the new name.
• Approval by Shareholders: For the resolution to pass, it must receive the affirmative votes of the majority of shareholders present and voting at the EGM. The requirements for passing a special resolution may vary based on the company's Articles of Association and applicable laws.
• Filing with RoC: Once the special resolution is passed, the company must file the resolution along with the necessary documents, such as the altered Memorandum of Association and Articles of Association, with the RoC.
• Obtaining RoC Approval: After reviewing the submitted documents, the RoC will approve the name change and the associated amendments to the company's governing documents.

Step 4: Applying to the Registrar for Name Change Approval

After passing the special resolution and conducting the EGM, the company must follow a formal procedure to apply for the name change approval from the Registrar of Companies (RoC). Here are the steps involved:

Filing Form MGT-14 Within 30 days of passing the special resolution, the company is required to file Form MGT-14 with the RoC. This form contains essential details related to the special resolution. The above-mentioned documents should be submitted along with Form MGT-14.

Filing Form INC-24 After successfully filing Form MGT-14, the company should file Form INC-24 with the RoC. This form is used to seek approval from the Central Government for the name change.

In Form INC-24, the company must provide reasons for the name change and specify the number of members who attended the EGM, the number of members voting for and against the resolution, and the percentage of shareholding involved.

By completing these formalities and submitting the necessary documents, the company seeks approval from regulatory authorities for the name change, ensuring compliance with legal requirements.

Step 5: Issuance of Certificate of Incorporation for Name Change

Once the Registrar of Companies (RoC) has reviewed the submitted documents and is satisfied with the name change application, they will issue a new Certificate of Incorporation. It's important to note that the name change process is considered complete only after the RoC has issued the new Certificate of Incorporation reflecting the updated company name. This certificate serves as an official confirmation of the successful name change and should be retained as a crucial legal document for the company.