Sunday , 8 September 2024

Documents Required for Change of Name in PAN Card for Company

Documents Required for Change of Name in PAN Card of Company

Changing the name of a company in its PAN card is a vital process that entails several documents and procedures. Is to that all necessary are place avoid and in process. Post will the documents for change of name in PAN card of company and valuable into process.

Required Documents

The are documents for change of name in PAN card of company:

Document Description
Board Resolution A board resolution approving the change of name and authorizing a director to sign and submit the application for the same.
Copy of Certificate of Incorporation A of certificate of company with new name.
Updated Memorandum of Association (MOA) and Articles of Association (AOA) An updated MOA and AOA reflecting the new name of the company.
Copy of PAN Card A copy of PAN card of company.
Identity and Address Proof of Authorized Signatory Proof of identity and address of the authorized signatory signing the application.

Process

Once necessary in place, company can with application for change of name in PAN card. The application can be submitted online through the official website of the Income Tax Department or through authorized service providers.

Case Study

In case, Pvt. Ltd. A change of name to Pvt. Ltd. Company all required including board updated and and copy of certificate of were place. Process smooth, company received PAN card with new name within time.

Changing name in PAN card of company significant process that careful to and submission of documents. By that necessary in place and the process, companies facilitate change of name in PAN card.


Curious about the process of changing the name in the PAN card of your company? Here are some answers to your burning questions!

Question Answer
1. What documents are required for changing the name in the PAN card of a company? Oh, the thrill of navigating the legal maze! To change the name in the PAN card of your company, you typically need to provide a copy of the incorporation certificate, a resolution passed by the board of directors, and a fresh copy of the PAN card application form. Gathering pieces puzzle create picture – exciting, it?
2. Do I need to submit any additional documents along with the application? Ah, the joy of being thorough! Along with the documents mentioned earlier, you may also need to submit a copy of the newspaper advertisement regarding the change of name and a copy of the minutes of the general meeting where the resolution for the name change was passed. Crossing T`s and dotting I`s – meticulous and satisfying, you think?
3. Can the company`s PAN be used as an identity proof for submitting the application? Oh, the power of the PAN card! Yes, the company`s PAN card can indeed be used as an identity proof for submitting the application for a name change. It`s like the company`s badge of honor, representing its unique identity and standing – quite impressive, isn`t it?
4. Are there any specific guidelines for the resolution passed by the board of directors? Ah, the precision of legal language! The resolution passed by the board of directors should clearly mention the old name, the proposed new name, and the reasons for the change. It`s like crafting a masterpiece of legal prose – precise, impactful, and awe-inspiring, don`t you think?
5. How do I ensure that the newspaper advertisement meets the necessary requirements? The drama of making it official! The newspaper advertisement regarding the name change should be published in at least one English newspaper and one vernacular newspaper. It`s like announcing the company`s transformation to the world – a momentous occasion, wouldn`t you agree?
6. Is it necessary to obtain a fresh copy of the PAN card application form? The thrill of starting anew! Yes, a fresh copy of the PAN card application form is required to reflect the company`s new name. It`s like a blank canvas waiting to be filled with the company`s reimagined identity – quite an exhilarating prospect, isn`t it?
7. Can the change of name be done online or is it necessary to visit the PAN card office in person? The convenience of modern technology! The change of name can be done online through the NSDL website or by visiting the PAN card office in person. It`s like having the flexibility to choose the path that best suits your company`s journey – empowering and liberating, wouldn`t you say?
8. What is the role of the company`s authorized signatory in the name change process? The gravitas of authorized representation! The company`s authorized signatory plays a crucial role in signing and submitting the necessary documents for the name change. It`s like entrusting the company`s legacy to a trusted guardian – a testament to faith and responsibility, wouldn`t you agree?
9. Are there any specific timelines to be followed for completing the name change process? The urgency of timely action! Yes, the name change process should be completed within a specific timeline as per the guidelines provided by the authorities. It`s like a race against time to ensure the company`s seamless transition – thrilling and exhilarating, don`t you think?
10. What are the repercussions of not completing the name change process within the stipulated timeframe? The weight of compliance! Failure to complete the name change process within the stipulated timeframe may lead to penalties and legal complications. It`s like the consequences of missing a crucial deadline – a sobering reminder of the importance of timely action, wouldn`t you agree?

Legal Contract: Documents Required for Change of Name in PAN Card of Company

It is important for a company to comply with all legal requirements when changing its name on the PAN card. Contract outlines necessary and to be in with laws and governing changes.

Party A Company Name
Party B Registrar of Companies
Date of Contract DD/MM/YYYY
1. Definitions In contract, unless context requires, following definitions apply:
(a) “PAN card” refers Permanent Account Number card issued by Income Tax Department;
(b) “Company” refers Party A, registered entity under Companies Act;
(c) “Registrar of Companies” refers official government authority responsible for regulating and overseeing companies;
(d) “Change of name” refers alteration of name of company as appears on PAN card.
2. Documents Required In to effect change of name on PAN card of company, Party A shall submit following to Registrar of Companies:
(a) Certified copy of resolution passed by Board of Directors approving change of name;
(b) Copy of updated Memorandum of Association reflecting new name;
(c) Copy of updated Articles of Association reflecting new name;
(d) Copy of Certificate of Incorporation with revised name;
(e) Copy of PAN card application form with new name;
(f) Any other document as may be required by Registrar of Companies.
3. Legal Compliance Party A acknowledges and agrees to comply with all the legal requirements and procedures prescribed under the Companies Act and any other relevant laws in relation to the change of name on the PAN card. Party A shall undertake all necessary steps to ensure that the change of name is duly registered and reflected in the official records maintained by the Registrar of Companies.
4. Governing Law This contract shall be governed by and construed in accordance with the laws of the jurisdiction in which Party A is registered. Any disputes arising out of or in connection with this contract shall be subject to the exclusive jurisdiction of the courts in that jurisdiction.
5. Signatures IN WITNESS WHEREOF, the parties have executed this contract as of the date first above written.

Company Name (Party A)

_____________________________

Registrar of Companies (Party B)

_____________________________

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