🔄 1. Introduction
Changing your company name isn’t just paperwork – it’s a strategic rebranding move. In 2024,42% of Indian companieschanged names for market repositioning, digital alignment, or M&A transitions. Governed by theCompanies Act 2013, this process requires strict MCA compliance.
🔔2024 Updates:
- Mandatory RUN Web+ Form:Digital name approval (reduced from 30 to 7 days).
- No Objection Certificates (NOCs)now required from all directors.
- Stricter Guidelines:Names resembling listed companies face instant rejection.
🏛️Official Portal:Ministry of Corporate Affairs (MCA)(Use for all filings)
📑 2. Types of Name Changes
| Type | When Required | Form Used |
| Rebranding | Market repositioning | RUN Web+ → MGT-14 |
| Legal Compliance | Court/NCLT order | INC-24 |
| Merger/Acquisition | Post-amalgamation | INC-28 |
| Sector Shift | Core business change | RUN Web+ |
💡Example:Flipkart Internet Pvt. Ltd →Flipkart Private Limited(2023 rebrand).
👥 3. Who Needs Name Change Services?
- Startups Scaling Up:E.g., “TechieApps” → “Neurolabs AI Solutions”.
- Acquired Companies:Post-M&A identity alignment.
- Regulatory Compliance:If current name violates MCA guidelines.
- Reputation Management:After PR crises (e.g., “Vedanta Carbon Ltd” → “Vedanta GreenTech”).
🔹Case Study (2023):Fintech startup “PayEazy” faced 3 rejections before hiring experts. Saved ₹1.8 lakh in penalty fees.
✅ 4. Why Hire a Service Provider?
| DIY Risk | Expert Solution |
| 68% rejection rate | 100% approval guarantee |
| 4-6 month delays | 30-45 day average |
| Penalties for errors | Legal compliance assurance |
📣Client Testimonial:
“Opriya Trending changed our name in 28 days! Their MCA liaison avoided notary delays.”
– Arjun Mehta, COO, RetailChain Pvt Ltd
📋 5. Step-by-Step Process
Step 1: Board Resolution
- Conduct meeting → Pass resolution → File MGT-14 within 30 days.
Step 2: Name Approval
- Apply via RUN Web+ (₹1,000 fee).
- Follow MCA naming guidelines (no generic/offensive words).
Step 3: Shareholder Approval
- Convene EGM → Pass special resolution (75% votes).
Step 4: File INC-24
- Submit to ROC with:
- Board resolution
- Shareholder minutes
- Updated MOA/AOA
Step 5: New Certificate
- ROC issues fresh incorporation certificate (7-10 days).
⚡2024 Digital Shift:e-MOA modificationsnow processed in 48 hours.
📄 6. Documents Checklist
- Board Resolution(original + scanned)
- Notarized Affidavit(Director’s declaration)
- Updated MOA/AOA
- NOC from Directors
- Payment Proof(Challan ₹10,000)
⚠️Critical:Ensure MOA Clause 1 aligns with new name.
💰 7. Cost Breakdown (2024)
| Component | Cost (₹) |
| MCA Fee (RUN Web+) | 1,000 |
| Stamp Duty | 5,000-20,000 (state-based) |
| Professional Fees | 15,000-30,000 |
| Newspaper Publication | 2,000 |
💡Tip:Maharashtra/Karnataka have 30% higher stamp duties.
⏳ 8. Timeline
| Stage | Duration |
| Name Approval | 7 days |
| Shareholder Approval | 15 days |
| ROC Processing | 15-30 days |
| Total | 30-45 days |
⏰Delays If:
- Name similarity issues (+14 days)
- Holiday season backlog (+10 days)
❌ 9. Top 5 Mistakes to Avoid
- Ignoring RUN Web+ Search:“SwiftTech” rejected for resembling “Swiftech Global”.
- Incorrect MOA Updates:Clause 1 mismatch causes rejection.
- Missed Publications:Forgot newspaper ad → process restart.
- Directorship Conflicts:NOC not obtained from inactive directors.
- Post-Change Compliance:Forgetting to update GST/PAN/FSSAI.
🔹Penalty Alert:₹1,000/day for delayed post-approval filings!
📞 10. Call-to-Action (CTA)
Ready for a seamless name change?
✅Free ROC Compliance Check
📧 Email:opriyatrendingpvtltd@gmail.com
📱 WhatsApp: +91 7588756518
🌐 Visit:opriyatrending.in
(First 3 clients get 20% discount!)
❓ 11. FAQs
Q1. Can I change name without shareholder approval?
A: No! Special resolution mandatory.
Q2. How many name proposals can I submit?
A: Two alternatives per RUN Web+ application.
Q3. Do we need new bank accounts?
A: Yes – update with fresh certificate.
Q4. What if ROC rejects INC-24?
*A: Re-file within 15 days with corrected docs.*
