Saturday, July 12, 2014

Company Name Availability and Condition for Choosing a Company Name for Registration:

Company Registration in India is simple only if the proposed company name is unique and distinguishable from any other company already registered with MCA otherwise Company Formation procedure is not simple in India. Before Company Incorporation Name selection procedure will attract many condition which is mentioned below in accordance with Rule 8 of Company (Incorporation) Rule.
Company Name with following word shall be disregarded for Incorporation in India with Ministry of Corporate Affairs:

1.   Name of a Proposed Company which contain an internet related word such as .edu, .gov, .com, .net, .in .org, does not make a name different from another even where . is written as ‘dot’

2.   Adding the words like Jai, Shree, Modern, New, Nav, Shri, Sri, Sree, Jai, om, The, etc. does not make a name different from an existing name and similarly, if the above proposed name is different from existing company’s name only to the extent of adding the name of the place, then such name shall not be allowed; such names can be allowed f no objection certificate obtained from the existing company in form of Board resolution.

3.   Proposed Company name shall be considered undesirable if 

(i) Provisions of section 3 of the Emblems and Names (Prevention and Improper Use) Act 1950 apply to proposed name
(ii) Proposed Name includes the name registered trade mark of another company or a trade mark for which application for registration has been filed unless the consent Letter of the Trade Mark owner or Trade Mark applicant for registration has been obtained in written letter and such proof produced by the promoters

As Company Registration Consultants we should aware that the above provision will equally apply for Private Limited Company Registration or OPC Formation or LLP Registration or Public Limited Company Registration in all over India such as Delhi Deoghar Ranchi Noida Ghaziabad Gurgaon Giridih Dhanbad Uttarakhand Bokaro Hazaribagh etc.


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