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Name approval

lokesh bezzam (Student CA Final ) (73 Points)

14 December 2012

I M INCORPORTING A NEW COMPANY, WHICH IS IN THE STAGE OF NAME APPROVAL, I CHECKED FOR THE NAME AND APPLIED FORM-1A, BUT AFTER PAYING PRESCRIBED FEE i.e., RS.1000, I GOT A RESUBMISSION ERROR FROM ROC,

SAYING THE NAME SLIGHTLY RESEMBLES THE EXISTING COMPANY BY JUST ONE WORD, SO WHAT CAN I DO NOW?

IS THERE ANY OPTION FOR GOING AHEAD WITH THE SAME NAME?

OR WHAT NEEDS TO BE DONE FOR GETTING APPROVED BY THE SAME NAME?

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4 Replies

Riddhi Thakkar (Manager - Legal and Secretarial) (121 Points)
Replied 15 December 2012

What needs to be done is to simply change the name as suggested by ROC and take a torough search on the MCA Portal for existing names similar to your Company's name and resubmit the form. However, visit the respective ROC once and get it clarified as to what is resembling and where is the error.

lokesh bezzam (Student CA Final ) (73 Points)
Replied 15 December 2012

THANK YOU RIDDHI FOR YOUR REPLY....

I DID NOT GET ANY SUGGESTED NAME FROM ROC....

IT SIMPLY SAYS:" NAME RESEMBLES THE EXISTING COMPANY SO PLEASE CHANGE THE NAME AND THEN RESUBMIT"

BUT I WANT THE SAME NAME ..

WHAT CAN I DO?

Riddhi Thakkar (Manager - Legal and Secretarial) (121 Points)
Replied 15 December 2012

If you really want the same name.....make sure there is no other such name on the MCA. After that approach the respective officer to do the needful for you. I will not elaborate further on Caclub...!!

Shankar BA(Hons) (CS) (278 Points)
Replied 15 December 2012

Champ,

As Ms.Riddhi Thakkar said you approach the concerned officer at ROC or add an extra letter or word to your company name whereas there are chances to get approved.