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Querist : Anonymous

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Querist : Anonymous (Querist)
08 December 2011 Hi Members,

Recently i have filed form for change in entire business line of the Company and name of the Company which is in consonance with proposed main objects.

i have received query from the ROC stating:

As per guidelines issued by MCA u/s 21 of the Companies Act, 1956, (quoted under commentary given in the book written by Ramaiya under the said section) the name of the company can be changed to reflect new activity only if the company has already generated income from new activity through the "other objects" of the MOA.

is it so?

or do i have some other alternatives.
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CS Ankur Srivastava

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CS Ankur Srivastava (Expert)
08 December 2011 Please elaborate your query. I dont think that that before chaging the name income should be generated from the new activity.

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