Must know aspects and enquired aspects of change in company name
A company’s name can be changed at any time post its establishment by the promoters.
Following are the prime reasons behind the decision to change the company name are taken.
1) Upon changing the business model,
2) When the promoters are changed,
3) When it comes to rebranding
When it comes to changing the name of company, its shareholders’ acknowledgment, however, through the mode of explicit resolution is essential along with proper approval from the Ministry of Corporate Affairs (MCA). There is no effect in change of company name on the legal aspect of its presence.