Name Clause : Discretion to have desired name of the company is subject to following restrictions
(1) Name stated in the memorandum of the company should not be identical with or resemble the name of any existing registered company.
(2) No word or expression in the name of company should be such that it carries impression that the company is connected with CentiáT[State Government or local authority or body corporate constituted by Central/State Government. For example president, Rashtra Pita (father of Nation), Prime minister, Chief minister, court, governor etc.
(3) The name should not be undesirable or objectionable and it should not constitute any offence under any law.
(4) Every public company with limited liability must add the word ‘limited’ and a private company must have ‘private limited’ at the end of its name.
(5) Companies proposed to be established for the purpose of promotion of commerce, art, science, sport, research, social welfare, religion, chaizity etc. having no motive to distribute the profit in the form of dividend are exempted from adding the words ‘limited’ or ‘private limited’.