Step 1 : Board Resolution
The Company must hold a Board Meeting to pass a resolution for change of name of the company and to authorized a director to make an application to the Registrar of Companies. At the same Board Meeting, a resoltion to convene an extraordinary general meeting for changing the name of the company and altering the MOA and AOA can also be passed.
Step 2 : Check the availibility of the name
An application for the reservation of the available name will be made to the Registrar of Companies in the manner similar to the reservation of name for a new company.
Step 3 : Passing of Special Resolution
Once the name is approved by MCA, the company must conduct an extraordinary general meeting and pass a special resolution for change of company name and consequential changes to the MOA and AOA.
Step 4: Application for approval of company name change
Once the special resolution for change of company name is passed, the special resolution and application for approval of company name change must be filed with the Registrar of Companies. An application for company name change must be made in Form 1B along with the requisite fee.
Step 5 : Issuance of New Certificate of Incorporation
After Satisfaction from the application and requisite documents the Registrar of companies will issue a fresh certificate to the company.