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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Can a company can change its name by means of an ordinary resolution?

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.

What is the purpose of a resolution document?

A resolution is a document stands as a record if compliance comes in to question. A resolution can be made by a corporations board of directors, shareholders on behalf of a corporation, a non-profit board of directors, or a government entity. The length of the resolution isnt important.

Which resolution is to be passed by a company on its own to change its name?

Section 13 of the Companies Act, 2013 deal with change of name which says that the name of the company can be changed by a special resolution and with the approval of the Central Government.

What is the purpose of resolution in a company?

A resolution is a formal way in which a company can note decisions that are made at a meeting of company members.

Which resolution is required to change the name of a company?

As per the Companies Act 2013, a company may change its name by passing a special resolution in the general meeting and receiving approval from the Registrar of Companies (RoC) and the Central Government.

How do you write a special resolution?

How to Write a Resolution Format the resolution by putting the date and resolution number at the top. Form a title of the resolution that speaks to the issue that you want to document. Use formal language in the body of the resolution, beginning each new paragraph with the word, whereas.

How does a company make a resolution?

A board resolution is passed by gathering the directors of the company and having them vote on the relevant matter. Typically, companies will pass two types of resolutions: Ordinary resolutions, which usually handle more administrative matters, and generally require a lower percentage of votes by directors (e.g. 50%).

What is a special resolution example?

Special resolutions Decisions like changing a companys name, winding up the company, or changing the companys type will require a special resolution.

What are the types of resolution of a company?

Three forms of resolutions are available: ordinary resolution, special resolution and unanimous resolution. There is no concept of special resolution in board meetings and very few unanimous resolutions are also required. However, all three are covered in the case of general meetings.

Why special resolution is needed?

Some of the matters that require a special resolution are:- Amendment of the Articles of Association. Issue of sweat equity shares. Change in the registered office of the company. Reduction of share capital.

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