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The concept of company name availability is that the name proposed for registration. It must not resemble an existing Company or LLP name. Also, the proposed name shall be within the rules framed by the Government of India from time to time.
Incorporation means forming a new company. The company may be a business, non-profit organization, a startup, a micro, small, or medium scale business (MSME). The company is incorporated by filing various forms and documents under the MCA (Ministry of Corporate Affairs).
The first and foremost rule regarding company registration is selecting a name and running an MCA check to see company name availability.
The Registrar of Companies (RoC) across India expects the applicant to follow the guidelines. Some of them are subjective, which means approval or rejection will depend on the officer’s opinion handling your application.
The applicant must follow the guidelines to choose the company name:
To check company name availability, the applicant must visit the MCA portal and the Trademark portal.
The following steps must be followed by the applicant:
The MCA (Ministry of Corporate Affairs) has a regulatory framework set up for naming the company. If your company name does not fall under the set of MCA rules, your application might be rejected.
The following grounds are available for rejection of the name:
The applicant must keep in mind the grounds following which MCA can reject the name.
To examine the name availability is a crucial step involved in company registration. The applicant can check the company name availability on the MCA website. The final authority to approve or reject the company name is with MCA.
Read our article: Role of Registrar in Company Registration
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