Question

A company cannot be registered with the name___.
1. Which is undesirable
2. Which is identical to name of an existing company.
3. Which is identical to or too nearly resembles the name of an existing company
Select the correct the answer from the options given below-

• A. 1
• B. 2
• C. 3
• D. All of the above

Answer 1

The correct option is D All of the above

A company may have any name except:

• A name which is identical with or which closely resembles the name of another company so as to deceive or mislead the prospective customer of one, trading with the other.
• A name, which in the opinion of the Central Government is undesirable or will mislead the public and its use has been, therefore, prohibited by the Government under the Emblems and Names (Prevention of Improper Use) Act, 1950. (Sec. 20)
• The last word of the name must be ‘limited’ in the case of companies with the limited liability and ‘private limited’ in the case of private limited companies. It is not necessary that the word ‘company’ should form part of the name. [Sec. 13 (1)]