Tuesday 26 March 2019

Company name Guidelines

Reserving a name for a company or LLP is not an easy task nowadays, the Central Registration Centre
(CRC) is going through strict scrutiny and they generally don’t approve the proposed names so easily.
The CRC raises many objections not just for Reserve Unique Name (RUN) but also for the Incorporation
forms; in short one has to be very careful while applying for name or for company incorporation. If we
have to conclude the choice of name in one or two words then it would be “UNIQUE & INNOVATIVE” and
of course meaningful.
To make sure that your name gets approved follow below mentioned steps:
1. Check name availability with Ministry of Corporate Affairs
2. Check that your name doesn’t resembles any trademarks
3. It does not attract the provisions of the Emblems and Names (Prevention and Improper Use) Act,
1950
4. Does not comprise of any offensive word
5. It represents the business of the company if the name has business activity in it. Prefix cannot be
business activity of the company.
The Ministry has elaborated the concept with illustrations which are represented here for easy
understanding, all the names under Column C are in one or the other way similar to names stated under
Column B and thus liable to be rejected
For selecting a name for your company, one should first go through the Rule 8 i.e. Undesirable Names of
The Companies (Incorporation) Rules, 2014 which states that:
Source
http://ebook.mca.gov.in/Default.aspx?page=rules
So this is how you can select a perfect name for your company. Once you have got approval on your
name, make sure to file the required forms within prescribed time limits.

2 comments:

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  2. Thanks for the information. I really like the way you express complex topics in lucid way. It really helps me understand it much better way Business Name Ideas

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