The name of the company can be changed for various reasons with the consent of all the members. The reason can be the change in the object of the company, management changes, conversion from public limited to private limited, etc. There is an amendment for the company name which states that if a company fails to change its name as per the direction issued within three months from the date of issue of direction.
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It's essential to have a professional branding strategy in today's business environment. Companies change over time and so do their products and values. Memorandum of Association is the best to reach the world strategy for your business. Sometimes this can be a sign that a company should change its company name to reflect the company's values in a better way. When done correctly, transferring your business name can be a rewarding and exciting task.
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In today's business with diminishing marketing budgets and increasing competition, it’s more important than ever to get your branding right. As companies grow and alter over time, so do their values and products. Sometimes, this alteration can serve as an indicator for a company that they should change their company name to something else that reflects the values of the company in a much better way. Transferring your business name is an exciting, rewarding endeavor—when it’s done right.
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