Whether the Authorized Signatory of Foreign Company can be the same as its Nominee?
What is difference between Liquidation and Winding up?
If shares are sold after the ex-date/record date, would eligibility for the rights issue still apply?
Can the services of Payment Aggregators (PA) be used for loan disbursals and repayments?
Can subsidiary company hold shares in its holding company?
What is the difference between Compounding and Adjudication?
Can Peer Review be done by proprietor / partner of the Practice Unit peer reviewed by the Reviewer?
Does getting empanelled as a Reviewer with Institute ensures the allotment of Peer Review work?
Compliance Calendar LLP is Recognised as Startup by DIPP Under Ministry of Commerce & Industry, Government of India
If a company wants to undertake activities that are not in consonance with its existing name, it can continue with such activities only after changing its name to reflect its new business activities. This is because the name of a company is its identity and reflects its activities and objectives.
In such a scenario, the company can change its name by passing a special resolution in a general meeting of its shareholders and getting the approval of the Registrar of Companies (ROC) for the new name. The company can then use the new name in all its communication, legal documents, and business activities.
It is important to note that carrying on activities that are not in consonance with the existing name of the company without changing the name may result in legal and regulatory consequences, such as penalties, fines, and legal proceedings. Therefore, it is advisable for the company to follow the legal process of changing its name before undertaking any new business activities that are not in consonance with its existing name.