Stamp in altered moa in case of change of name

3138 views 4 replies

Sumit Jaiswal

Company Secretary

818 Points Joined February 2011

I was preparing to file the special resolution for change in name of a company in Form 23. It requires altered MOA and AOA to be attached. The altered MOA with the changed new name have been prepared. My query is that the stamp which is affixed in the altered MOA where the director sign should be in the new name of the company or old name? I feel it should be in the new name of the company, but since form 1B has not been filed now, therefore the fresh COI not issued till now. In other words, the new name of the company is not legally existent as of now. If the old stamp is affixed, then it would lead to a situation where the name mentioned in the MOA and the stamp is different. Please share your views.

Replies (4)

CS MOHIT SALUJA

PRACTICING CS Jalandhar 9914558709

5155 Points Joined April 2010

The stamp should be of with old name as the company's name is still exiting on Portal with the old name. Hence, you can not get the new stamp unless and untill you have certificate of the enw name. A legal vender of stamps does not prepare/ make the stamps without any proof. Hence, it is advisable to affix teh stamp with old name.

Sumit Jaiswal

Company Secretary

818 Points Joined February 2011

Thanks. I agree with your reply. However, this leads to a awkward situation where the name of the company mentioned in the MOA & AOA is different than that of the stamp.

Anyway, I think I will have to do the same.

P C Agrawal

Registered independent director Past Ch

8229 Points Joined March 2007

In the MoA you can add footnote: "Earlier known as ABC Ltd. Name changed by members in EGM held on ______ subject to approval of Registrar of Companies."

It is advisable to disclose old name also after the new name on letter heads & other places in initial years for sake of clarity.

However, as regards attachment to Form 23, it need not be signed as certified to be true copy before being scanned since the subscripttion clause already has signatures (or Sd/-) and the e-form is digitally signed by a director/CS which means attachment is also certified as true copy.