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Compliance regarding Change in name of a company

2193 views 5 replies

jeets

461 Points Posted on 19 July 2010

Hello Everyone,

We have recently changed the name of the company, To intimate the same we have to write letters to the bank, PT department, service tax department. Is it necessary to pass a resolution in a board meeting about such intimation and empowering one of directors to carry out the procedures.

We have also filled in " Request For New PAN Card Or/ And Changes Or Correction In PAN Data" :- any compliance regarding this need to be followed

Thanks

Replies (5)

vivek

751 Points Posted on 20 July 2010

Whether it is not essential to pass such resolution but it is recommendatory to pass the said resolution , so that one can be authorized to inform the concerned authorities and implement the change in name.

jeets

461 Points Posted on 20 July 2010

Thanks for your reply,

So to conclude it means passing the resolution would be best practice, and not mandatory under law.

Please correct me if wrong?

vivek

751 Points Posted on 20 July 2010

yes, not only best practice it will ease ur proces to implement the change.

Regards,

CS Vijay Daxini

At Practice

732 Points Posted on 20 July 2010

matter of passing of resolution can also be included in the original resolution for change of name of company bt from u r question it is clear that original resolution doesn't contain that matter so course above suggested is the best

Ankur Garg

Company Secretary and Compliance Officer

114788 Points Posted on 20 July 2010

No need to pass a separate resolution to update the name status of company in various departments for sure.

Simply prepare a covering letter to update the change of name and attach the certified true copy of the GM resolution for change of name along with new certificate of incorporation consequesnt upon change of name received from ROC, with covering letter.

Regards