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Stamp paper is not included with this agreement and is for illustration purposes only. If e -stamp is applicable in your city you can order it during checkout.
Stamp paper is not included with this agreement and is for illustration purposes only. If e -stamp is applicable in your city you can order it during checkout.
Guidelines for Drafting FORM NO. 24AA OF THE COMPANIES ACT, 1956
Form No. 24AA is employed under the Companies Act, 1956, for filing an application for obtaining the approval of the Central Government for the change of name of a company. Follow these guidelines for effective drafting:
Accurate Information: Provide precise details about the company, the existing name, and the proposed new name. Accuracy is essential for legal compliance.
Reasons for Name Change: Clearly state the reasons for the proposed name change and ensure they align with the legal provisions of the Companies Act, 1956.
Legal Compliance: Ensure the form adheres to the legal requirements specified in the Companies Act, 1956, for changing the name of a company. Seek legal advice to confirm compliance.
Board Resolution: Include a board resolution supporting the application for name change. Document the resolution in compliance with legal formalities.
Common Mistakes to Avoid:
Incomplete Information: Fill out all sections of Form No. 24AA thoroughly. Any omissions or incomplete details may lead to rejection or delays in processing.
Mismatched Information: Ensure consistency across the form. Information in different sections should align to avoid discrepancies.
Failure to Attach Necessary Documents: Include all required supporting documents, such as the board resolution and any other documents specified in the form. Failure to do so may result in non-compliance.
Ignoring Legal Formalities: Be aware of the specific legal formalities and timelines associated with filing the application. Failure to comply may result in legal complications.
Form No. 24AA is crucial for companies seeking the Central Government's approval for a change of name. Adherence to these guidelines ensures a comprehensive and accurate filing, minimizing the risk of legal complications and promoting regulatory compliance.