1. HOW DO I KNOW IF THE
NAME WHICH I WANT
FOR MY PRIVATE
LIMITED COMPANY IS
AVAILABLE OR NOT?
2. BASIC GUIDELINES
A Company, whether private limited or public,
has to comply with the „Guidelines for Name
Availability‟ prescribed by the Ministry of
Corporate Affairs.
Accordingly, the name chosen should be
unique all over the country.
The name of a private limited company should
end with the words „Private Limited‟.
3. BASIC GUIDELINES (contd.)
If the name proposed is not the same or
similar to or does not resemble the name of an
existing company closely, the ROC (Registrar
of Companies) usually approves it within two
days.
The name of the company should start with a
noun followed by the activity and end with
„Private Limited‟, for instance, Reliance
Consultancy Services Private Limited.
4. POINTERS BASED ON WHICH
THE NAME COULD BE
REJECTED:
A Company cannot use the same name or
closely similar name of another existing
company registered in India.
If it is different by the existing company merely
by addition/deletion of words like
Nav, New, Modern etc.
If it is not in consonance with the main object
5. POINTERS BASED ON WHICH
THE NAME COULD BE
REJECTED (contd.):
If the proposed name is the exact Hindi/English
translation of an existing Company
Close phonetic resemblance with an existing
Company
If the name is a general one like „Corporate
Consultancy Pvt Ltd‟
Proposed company name contains name of other
countries unless the promoters satisfy that there is
some collaboration with the person of that country.
If it includes words which are offensive to any
section of people.
6. POINTERS BASED ON WHICH
THE NAME COULD BE
REJECTED (contd.):
If it contains the registered trademark unless
the NOC from the owner of trade mark has
been produced by the promoters.
If the company contains the word State with
State like “Uttar Pradesh State”
If minimum capital required for that particular
word and the proposed company does not
contain that minimum authorized capital.
7. AUTHORIZED CAPITAL
The Ministry of Corporate Affairs requires that a
company should have different levels of
„Authorized Capital‟ to include certain words in
its name:
Corporation – 5 Crores
International, Globe, Global, Universal,
Universe, Continental, Inter-Continental,
Asiatic, Asia, Asian, World being the first word
of the name – 1 Crore
If any of the key words at 2 above is used
within the name (with or without brackets) – 50
8. AUTHORIZED CAPITAL
(contd.)
Hindustan, Hindustani, Hindustanee, India, Ind
ian, Bharat, Bhrarati, Bharatiya, Bharateeya, b
eing the first word of the name – 50 Lakhs
If any of the key words at 4 above is used
within the name (with or without brackets) – 5
Lakhs
Industries / Udyog / industrial, industry – 1
Crore
Enterprises, Enterprise, products, product, Bus
iness, Manufacturing, manufacture – 10 Lakhs