Undesirable company names – Ministry of Corporate Affairs has proposed amendments in the Companies (Incorporation) Rules 2014
The proposed amendment intends to bring more clarity to the rules related to name availability by:
(i) inclusion of illustrations in the rules;
(ii) providing a clear test to determine as to whether the applied name resembles too nearly with the name of an existing company; and
(iii) bringing more clarity in the rule related to “general names” / descriptive names and trademark applicability;
The proposed amendment seeks to substitute the following rules
As said, many illustrations have been given to explain the different scenarios.
Also read:
Company Name -Undesirable Resembling and Identical Names- Rule 8 of Companies Incorporation Rules, 2014
Company Name Availability Guideline 2011
Suggestion/Comments on the proposed amendments along with justification in brief may be sent latest by 31st December, 2018
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