09 September 2009
In case an existing firm desires to change the name of the firm, the following conditions may be fulfilled: a) A written request for change in name of the firm is submitted alongwith Form 117. b) All the existing partners of the firm must sign the application in Form 117. c) In case of a proprietary firm a separate request alongwith Form 117 must be submitted. d) The change in firm name approval will be considered as per provision under Regulation 190. e) The approval of name will be considered in order of preference mentioned in Form 117. f) The new proposed name will be approved under the provisions of the Regulation 190. g) The application for approval of firm name in Form 117, proposing the new names should be sent to Joint Secretary, M&C MSS Section, The Institute of Chartered Accountants of India, Post Box 7100, Indraprastha Marg, New Delhi 110002 or can be faxed at 011-30110588. On receipt of the approval letter of new name, proprietor/partners should submit the particulars in Form 18 to the concerned Decentralised Office duly filled in & signed by all the concerned partners/proprietor. The letter granting of approval of firm name will be sent at the address mentioned in Form 117. It is clarified that mere approval of a trade/firm name does not entitle the member/s to practice in the said name. It is further clarified that the validity of the approval letter is for a period of one month.
CAclubindia
