23 April 2012
Sir,My client has converted pvt. co to public and also changed the name. The company has registered mortgage and created charge with ROC. Now the bank is force to create new mortgage deed due to change in company name. Please advise.
There is no need to create new mortgage deed due to change in company name.
Please send a copy of MOA along with Certified copy of shareholders resolution for change of name of the company and said in letter that all liabilities of the company will be same after change of name.
24 April 2012
Thank you very much. But i need to provide the bank written proof to prove the same can you mail me or refer some provisions or section in support of the answer.
Please check your shareholders resolution for the same. In which it says the name of the company will be from this to this and on the basis of which MCA change the name and issue a new COI.
CAclubindia
