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
Allegations of delay in TDS deposit, role of person responsible are disputed factual matters which must be tested at trial…
Procedure, formats and standards for generation and allotment of Unique Identification Number (UIN) in respect of Form No. 121 declaration…
Penalty u/s 270A deleted as AO failed to mention under which clause the case of the assessee fall. In a…
Income of section 25 company by deploying ex-servicemen as security guards was not business activity. In a recent judgment, Kerala…
In absence of a valid final assessment order passed within statutory time frame, draft assessment order cannot give rise to…
No disallowance u/s 43B can be made if expenditure has not been not claimed by the assessee in Profit and…