MCA revises the timeline for companies to change its name as per the order of central government

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The Ministry of Corporate Affairs through notification dated 22nd July, 2021 has commenced the operation of section 4 of Companies (Amendment) Act, 2020 w.e.f 1st September, 2021. The amendment mandates that the Companies shall change its name within a period of 3 months (as against 6 months), upon the receipt of direction from the Central Government.

The amendment also empowers the Central government to allot a new name to the company if the Company fails to rename itself within the period stipulated.

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