Authorised capital required for using for key words

Others 2391 views 2 replies

prakash

Company Secretary

1352 Points Joined January 2012

Is there any new circular for using key words required specified Authorised capital,

Generally I follow below slabs

1.Corporation 5 crores

2.International, globe, global, universal, Universe, Continental, Inter-Continental, Asiatic, Asia, Asian, World being the first word of the name 1Crore.

3. If any of key words as above is used within the name 50 lakhs

4. Hindustan, Hindustani, Hindustanee, India, Indian, Bharat, Bhararati, Bharatiya, Bharateeya, being the first word of the Name. 50 Lakhs.

5. If any of hte key words as mentioned above is used within the name 5 Lakhs.

6. industries, Udyog, Industrial, Industry 1Crore

7. Enterprises, Enterprise, Products, Product, Business, Manufacturing, Manufacture. 10Lakh

if there is any new circular, please mail me same to company.secretary @ aprcl.com

Replies (2)

Ankur Garg

Company Secretary and Compliance Officer

114788 Points Joined January 2009

Your information is not update. Please find attached Companies (Name Availability) Rules, 2011 and check the last page for correct Amount of authorised capital for using selecting key words in company name.

1.Corporation 25 crores

2.International, globe, global, universal, Universe, Continental, Inter-Continental, Asiatic, Asia, Asian, World being the first word of the name 5 Crore.

3. If any of key words as above is used within the name -- 2 Crore.

4. Hindustan, Hindustani, Hindustanee, India, Indian, Bharat, Bhararati, Bharatiya, Bharateeya, being the first word of the Name -- 2 Crore.

5. If any of hte key words as mentioned above is used within the name --- 25 Lakhs.

6. industries, Udyog, Industrial, Industry --- 5 Crore

7. Enterprises, Enterprise, Products, Product, Business, Manufacturing, Manufacture. – 50 Lakh

Regards