Dear All.
We have changed the company name from XXXXXXXX to XXXXXXX Associates. We already obtained 2 advance Licenses from existing company. IEC also updated with new entity name. Now any step should we take for Name changes in the License or shall we apply for closure directle ?
No changes in the PAN and IEC No
Company name change in advance licences raises the issue of updating licence particulars or seeking closure and fresh application. A company changed its name and had already obtained advance licences in the old name, while the IEC was updated to the new entity name and the PAN and IEC number remained unchanged. The query concerns the procedural step for the licences-whether to seek a name change in the existing licences or apply for closure and fresh licensing. (AI Summary)