2+ Lawyers are online
Guidelines on naming your company
November 04, 2023Name
The Companies Act or the LLP Act suggests that a unique and acceptable name be given to the setup. The name should not resemble any existing entity or LLP or trademark in the same industry. However, the same name for a company in a different industry may be allowed. Hence, the founders must ensure the sanctity of the names.Object
The object part of the name is that which tells what is your company about and its business. It defines the company's activity. Although two companies may share the same name, if their objects are different, the name will be allowed to be registered. However, it is important for the object part to be absolutely clear.Constitution
This part of the company name defines the type of entity it is. Private Limited Companies are represented by Private Limited Company or Pvt. Ltd Company One Person Companies are represented by OPC or One Person Company Limited Companies are represented by LTD Company or Limited Company, and Limited Liability Partnerships are represented by LLP or Limited Liability Partnership.Naming Guidelines
The Companies Act has laid down certain guidelines when it comes to naming a company.- Don't use the Plural Version of any of the words in an already existing company name.
- Do not try joining words or separating words.
- Changing the tense or number of a word from the name is also not acceptable if the company works in the same industry
- The use of different phonetic spellings or spelling variations does not make a name unique.
- Do not add internet-related designations such as .com, .net, .edu, .gov, .org, .in to make the name unique.
- Addition of common names or titles or the name of a place cannot be added to make the name sound unique. However, names with places may also be allowed if no objection from the existing company by way of Board resolution is submitted.
- Different combination of the same words is not allowed. For example, Contractors and Dealers cannot be made Dealers and Contractors.
Greater
Kailash - 1, Delhi
5
years
These guides
are not legal advice, nor a
substitute for a lawyer
These articles are provided freely
as general guides. While we do our
best
to make sure these guides are
helpful, we do not give any
guarantee that
they are accurate or appropriate to
your situation, or take any
responsibility for any loss their
use might cause you. Do not rely on
information provided here without
seeking experienced legal advice
first. If
in doubt, please always consult a
lawyer.
Comments by Users
No Comments! Be the first one to comment.
Popular Startup Lawyers
User Reviews
4.5 -
20 reviews
nicely written. Great work
more info needed on the law
Answered all my legal queries.
it’s a very good article
nice article. Thanks for the information
amazing article
nice artcile
I want to know more about this law. Good work
nice article
helpful in understanding the law
nice work. Learned a lot. Thanks
needed legal advice…who to call
Very informative and a good read as well.
Very good article
good article. Very helpful
Good work with the article. Solved all my legal queries. Regards.
thank you for the article
The writer has explained the law perfectly.
very well written
Nice piece on the subject.
VIEW ALL
