When a business man heads towards starting a company prior to going forward towards other steps for incorporating the company, the business man needs to choose a unique of the company. As the name of the company is the identity of the company and with that name only it will be known to the world during and after its lifetime.
There are some rules provided under the Rules [Chapter II The Companies (Incorporation) Rules, 2014] rule 8 and 8A which should be kept in mind while selecting / choosing the name of the company:-
If we want to incorporate company with the name which is already existing / reserved by only adding the words like Pvt, OPC, LLP , corp or using the plural version of the existing / reserved name won’t make our name unique or different and department will raise the query regarding its resemble too nearly with the name of an existing company.
If Red InfraconPrivate limited is an existing company, so if we will apply for Reds Infracon Private limited or Reds Infracons Private limited then it won’t make any difference in the existing and the applied name.
Using some characters, space, marks in the reserved names won’t differentiate our name.
If RAM Tech Private Limited is reserved, then if we apply for R.A.M Tech Private Limited, or R A M Tech Private Limited, or R@AM Tech Private Limited, wont make a difference as these are all same and not differentiating our name from the existing one.
Changing the tense of the reserved name, using the wrong spelling or phonetic similarity with the reserved name won’t name our name a unique name.
Son Private Limited is same as Sun Private Limited.
See Tea Solutions Private Limited is same as CT Solutions Private Limited, City Solutions Private Limited.
Make Tech Buildcon Private Limited is same as Made tech Buildcon Private Limited.
Usage of any domain extension such as “org”, “com” or changing the order of the reserved company name will not make our proposed company name a unique name.
Solar Solutions Private Limited is same as Solarsolutions.Com Private Limited.
Ultra tech Private Limited is same as Tech ultra Private limited.
Using article like a, an, spelling difference, complete translation or transliteration of the reserved name in Hindi or English language won’t make any difference in the reserved and proposed name.
Unicon Solutions Private limited is same as Anunicon Solutions Private limited.
Inclusion of a place name to reserved name, which is not containing any name of place in original.
Retric Tech Ltd. is same as RetricDelhi Tech Ltd.
Insertion of or deletion of any numeric depicting numerals in an existing name.
Storm Solutions Ltd is same as Storm11 Solutions Ltd.
Following are the names which are considered Undesirable names:-
If it is banned under provisions of section 3 of the Emblems and Names (Prevention and Improper Use) Act, 1950 (12 of 1950),
If trademark is registered with the proposed name in the same class in which the company is going to operate with the.
If name includes word which is disrespectful to some particular section of the society.
If the name is identical or almost matching with the existing company name.
If the company object is financing etc and the proposed name is not reflecting the same.
Company’s name includes financing etc word but the company’s object is not related with financing activity.
Proposed name is matching with the renowned or popular abbreviated description of an existing company.
Company name is matching with the company registered outside India.
If the name is indicative of formation of some separate type of business constitution eg:- Society, HUF etc.
If name include word like British India.
If name indicates association with embassy or foreign government.
Name reflects link with some national hero or some important people holding important positions in the Government.
Name matching with the dissolved company and 2 years has not yet completed to the dissolution.
Name matching with the strike off LLP and 5 years has not yet completed to this process.
Name includes bank, insurance, stock exchange, can only be allowed if the mandate requirements are fulfilled with their regulatory.
Name includes “State” word is not allowed except government company.
Use of state, city, continent, country.
Use of illustrative names which indicates the activity of the company Example, Paper Printing Private limited.
Name includes name of foreign country.
If the name of the Section 8 does not contains Foundation, Forum, Association, Federation, Chambers, Confederation, Council, Electoral Trust and the like, etc.
If Nidhi company don’t include “Nidhi Limited”.
For some words central government approval is required like commission, board, nation, Prime Minister etc.
The most effective method to Check Company Name Availability
Following are the means to Check Company Name Availability Online
Step 1:- Go to http://www.mca.gov.in/ site then go to MCA services option.
Step 2:- In company services click on check company name.
Step 3:- Enter the name of organization, the activities that a company is going to carry and click on "Search button”.
Step 4:- After that the MCA will provide the names of the existing companies with that word or if the proposed name is unique then MCA will generate the message that Entered Company/LLP name does not exists.
Suggestions for the selecting the unique name of the company:-
Combination of proposed director’s names makes unique name.
Use of words of the regional language.
Combination of 2- 3 names results in unique name.
Searching unique names suggestions on Google.
Though filling of name of the company is purely an online process, but a professional can assist you better in this process and they are expertise in keeping all the factors in mind and guide you in correct way.
Choose NeuSource as your business colleague as it comprises of a group of expert professionals.
To start a new business is easy, but to make it successful is difficult . So For success, choose the best." Be compliant and proactive from the beginning and choose NEUSOURCE as your guidance partner.