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
The prima facie satisfaction u/s 148 cannot be stretched to a non-existing information or incorrect information - ITAT In a…
Mutual Funds to value physical Gold and Silver by using the polled spot prices published by the recognized stock exchanges…
Supreme Court allows simultaneous CIRP proceedings against principal debtor and its corporate guarantor, declines to frame any guidelines In a…
Merely because assessee had declared sales for only one month, the same cannot be treated as bogus on the basis…
ITAT deleted addition as the method of accounting had been accepted by the department in earlier years and the entire…
Orders passed under Benami Act cannot be challenged under Insolvency and Bankruptcy Code, 2016 - SC In a recent judgment,…