The name of a company or LLP can be changed by the directors at anytime after incorporation. The reason could be for change of company name, business model change, change of promoters, re-branding, changing in trend etc. Change of company name requires passing of a board resolution, obtaining name approval from MCA, passing of a special resolution and applying for approval of new company name to the MCA. If the MCA accepts the application, a new certificate of incorporation is issued. After obtaining the new certificate of incorporation, changes must be made to incorporate and change the MOA and AOA of the company as well.
A Private Limited Company is a Legal Entity separate from its directors or shareholder having right to own or sell any kind of property or rights.
If you change in companies business activity then it is advisable to change the companies name which can represent your companies business objective.
Change of companies name could be prove good as per marketing strategy, which helps in enhancement of companies brand value.
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