How to check company name availability in India?
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When starting a business in India, picking the appropriate company name is essential because it will become the foundation of your brand’s identity. Some of the most prosperous companies credit their names for being distinctive and catchy. A memorable, catchy, and relevant name might permanently impact people’s perceptions of a firm. Let us look into how to check company name availability.
Company Name Registration Under MCA
To form a company or Limited Liability Partnership (LLP) in India, the Ministry of Corporate Affairs (MCA) must first approve a new entity’s name. In the RUN Form, promoter names may appear at most twice. If the firm name were still available, one of the proposed names would be accepted.
If no names are not appropriate, the promoter will be encouraged to resubmit the application with new names. One of the most common grounds for rejecting a proposed business name is that it contains phrases that the Companies Incorporation Rules prohibit.
What makes a company name check necessary?
It is crucial to confirm that the company name you select for your Indian startup is available and hasn’t previously been used by another officially registered business or corporation. To discover whether in the event the name you have chosen is available, you can do an Indian company name search. The following are some justifications for why you should check company name availability in India:
Ensure that no one else is using a name that is similar to or identical to yours. This will protect your brand identification and help you avoid any legal issues that could result from utilising a name that is already in use. Check Company Llp name will assist you in finding potential partners and clients and in building a distinctive and memorable brand for your company.
How should your business be named?
In India, the Ministry of Corporate Affairs (MCA) has established rules you must adhere to while selecting a name for your company in compliance with the Company Act. The individual handling the application will also have an effect on whether it is accepted or denied. The authority to approve or disapprove company names rests with the Ministry of Corporate Affairs (MCA). It’s advisable to keep the following in mind while company registration name check:
- Before deciding on a name for your company, you must comply with all applicable rules and regulations.
- A firm name that already exists should be different from the name that is picked.
- There shouldn’t be any derogatory words in the chosen name.
- Basic terms and adjectives are not allowed in the company name.
- The applicant must also conduct a trademark search because their chosen company name cannot be used with any already registered trademarks.
How to check company name availability?
The applicant must go to the MCA portal and then the Trademark company name check portal to verify whether a name is available. An applicant should take the following actions for company name check India:
- Go to the website: www.mca.gov.in.
- Click the “company name check” option to view the availability of names on the MCA portal.
- Input the suggested name and the company’s initial business venture to ensure precise outcomes.
- If two names are the same, it will be indicated in the search results. It will indicate an error because the entered name is invalid if the suggested name is absent from the MCA inventory.
- Only the first two words of the suggested name should be entered when determining whether a name is available.
- By the guidelines, the applicant should verify whether the corporate name is available by visiting the Trademark portal.
- The suggested name should not be similar to any already registered trademark unless the trademark owner has granted permission to use it.
- Go to www.ipindia.gov.in and select the trademark search option to begin your trademark investigation. Type in a name to start your search.
- The applicant should also look up names with similar phonetics to prevent rejections.
- The applicant may use the name if it is absent in the results.
- If the suggested name is wholly original, the applicant may apply directly by submitting the necessary paperwork on the MCA portal.
- The applicant may submit a different name application if there is a greater chance that the names will match. You can submit only two applications in the application. He can apply under the other name if none of those names are accepted.
Specific Suffixes Crucial For Private Limited Company Name Check
- Words with suffixes like limited or public limited must be added.
- When a business registers to become a public limited company, the word limited must come after the company name.
- A business name ending in “Private Limited” should be secure when registering as a private limited company.
- Government-owned and Section 8 enterprises would be free from the same legislation.
Justifications for rejecting a company name in India
According to the rules set forth by the MCA, a company name is also more likely to be rejected if it contains any of the errors listed below:
- The company’s name is derogatory in all languages;
- There are full stops or commas in the company name;
- The name is not accurate in describing the company’s operations;
- The terms are acronyms (e.g., SSO, MML);
- The name is very similar to that of already-existing businesses.
MCA-Restricted Terms for Private Limited Company Name Check
The primary viewpoints on MCA-restricted terms for company names are outlined here.
MCA Approval-Required Terms
Proposals containing phrases like “insurance,” “bank,” “stock exchange,” “venture capital,” “asset management,” “Nidhi,” “mutual fund,” and so on should be approved by the relevant regulators as such as RBI, IRDA, SEBI, MCA, and so on.
The Company Name Contains Names of Foreign Cities or Countries
When a foreign country or city appears in a corporate name, the name can only be approved if the promoters can show that they have close commercial relations with the country in question.
Terms Used in Business Organizations
No portion of a company name may contain any word that designates a different type of corporate structure or legal person, such as cooperative, Trust, LLP, Partnership, Society, Proprietor, HUF, Firm, Inc., PLC, GmbH, SA, PTE, AG, etc.
Use Illustrative Language
If the organisation’s primary functions are financing, leasing, chit funds, investments, securities, or a mix of these, the company name should be descriptive of the relevant financial activity, such as a loan, investment, or chit fund.
Once a promoter thoroughly understands all these guidelines, obtaining a distinctive company name is simple. This aids in the development of the company’s brand identity as well. Lawgical Adda can support businesses with registering and finalizing their names. We can also help with how to check name availability for pvt ltd company and how to check company llp name.