When you plan to register a new business in India, one of the first requirements is to decide on a unique company name. But have you ever wondered who approves the name of a company for incorporation? The process is not randomβit is governed by strict rules and handled by a specific authority. In this article, we will explain who approves company names, how the process works, and why it is important.
Authority Responsible for Name Approval βοΈ
The Registrar of Companies (ROC), under the Ministry of Corporate Affairs (MCA), is the authority that approves or rejects company names. The ROC ensures that the proposed name:
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β Is not identical or too similar to an existing company.
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β Does not violate the Companies Act, 2013.
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β Follows the MCA Naming Guidelines.
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β Does not include restricted or offensive words.
The Name Approval Process π₯οΈ
Here is how the company name approval works in India:
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Proposal Submission βοΈ
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Applicants file a request through the MCA portal using the RUN (Reserve Unique Name) service or SPICe+ form.
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Examination by ROC π
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The ROC examines the proposed name and compares it with existing names in the MCA database.
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Approval or Rejection β β
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If the name meets all conditions, the ROC approves it.
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If not, the application is rejected, and you must reapply with a fresh name.
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Example of Name Approval Decision π
Proposed Name | Approved By | Status | Remarks |
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Helptax Consulting Pvt Ltd | ROC Delhi | β Approved | Unique and valid |
Helptax Advisors Pvt Ltd | ROC Delhi | β Rejected | Too similar |
Helptax Foods Pvt Ltd | ROC Delhi | β οΈ Pending | Needs clarification |
Why ROC Approval Matters π
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Ensures legal compliance with the Companies Act.
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Prevents duplication and market confusion.
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Provides credibility to the company name.
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Helps in future trademark registration.
Conclusion β
Hope you get the clarity about Who Approves Name of the Company for Incorporation. To sum up, the Registrar of Companies (ROC), under the MCA, is the authority that approves company names for incorporation. Without this approval, no company can be registered in India. Therefore, always conduct a company name search, follow MCA guidelines, and apply through the correct form. This ensures a smooth and quick incorporation process for your business. π’β