Special Resolution for Change of Name of the Company (Format) A company can change its name after obtaining approval from its board of directors , shareholders and central government. In order to change the name, the memorandum and articles of association of the company will undergo alterations. The obtaining of the approvals from the board of directors and shareholders of the company are the first steps in order to change the name of the company. Give notice of a special resolution on change of name Use this form to notify Companies House of a special resolution on change of company name.
This Written Special Resolution to Change the Company Name shall be used where the shareholders or directors of a private limited company want to change the name of the company by written resolution instead than at a general meeting. The form for notifying ASIC of a resolution to change the company name is Form 205. This can be obtained from ASIC (see Step above). The form must be signed by either a company director or secretary. The special resolution needs to be attached to Form 205.
Decide on a date for a general meeting. For a resolution to pass, it must meet the following criteria: 1. See full list on asic. Ordinary resolutions are not specifically defined in the Corporations Act and need only a simple majority (i.e.
normally, more than of votes cast in favour) to pass. Some decisions that may only require an ordinary resolution include: 1. Special resolutions are needed for certain changes as defined in the Corporations Act. Below is a list of some scenarios where you may need to pass a special resolution and any documents you may need to lodge with us.
The forms you need to lodge will depend on what the special resolution relates to. For example, to change a company name, you need to pass a special resolution and lodge a Form 205 Notification of resolution. Step 9: Verification of name reservation is done and a message will appear, confirming the name change from one company to another. If correct, click on Continue.
Step 10: Click on the icon of a calendar and select the date on which the special resolution by shareholders to change the company name was passed. Once a name reservation has been approve the company must lodge a notice of Amendment of memorandum of incorporation (cor1). Change of Company Name by Permission Given in the Company ’s Articles of Association. If the Articles of Association of the company set out the procedure to change the company name you will have to follow the stated procedure and must file at Companies House Form NM04.
This article details how to change company name by special resolution. What is a change of name ? A change of name occurs when the company is given a new name that is different to its former registered name. For example, a company might change from being named Aardvark Games Limited to Aardvark Entertainment Limited.
A Special Resolution is passed by majority of the eligible members of the company agreeing to it. After the Special Resolution to change the company name has been passe it must be filed at Companies House together with Form NM01. A special resolution can be passed in two ways. The first way is by all shareholders signing a minute of special resolution (where there is only one shareholder, then this is the only way a special resolution can be passed).
Shareholders are required to sign the special resolution. First form is e-form MGT-– within a period of days from the date of passing of special resolution with ROC on MCA portal. The company articles will normally state if a resolution is required for a certain decision and may also determine the type of resolution needed (eg ordinary or special ). Having obtained approval of the new company name , you are now ready to complete your change of name application and submit it to Companies House. To change a company name, the company must apply for a change to its MOI to the Companies and Intellectual Property Commission (CIPC). Click here to download CIPC’s special company resolution template.
There are two ways in which a company can change its name. The first is that the shareholders (or members) pass a special resolution at a general meeting. The second is that the shareholders (or members) sign a written resolution that the name of the company should be changed to the new name.
Once it has been decided to change the name of the. Step 2:- Name Availability and its approval. After passing necessary resolution by the board of directors, the next. Step : Pass Special Resolution for Company name change. Following resolutions have to be passed at the Meeting: Change of name of the Company and alteration of MOA and AOA of the company subsequently.
If the name is changed due to change in the business activity or the object of the company then the main object in MOA also has to be changed. CHANGING NAME OF CORPORATION. Only a private company can pass a written resolution. A copy of the resolution must be delivered to Companies House within days of it being passed.
A fee of £is required to change the.