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Partnership firm and pvt ltd company having same name&owners

sreelakshmi (Student CA Final ) (25 Points)

01 November 2014

is it possible to partnership firm and company having same name and owners also same.

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CA Abhishek Goyal (Chartered Accountant) (504 Points)
Replied 02 November 2014

Hello.

It can be possible that partnership firm or a proprietorship firm has a same name. if you want to incorporate company you should mentioned such name nd owners name in incorporation form.

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sreelakshmi (Student CA Final ) (25 Points)
Replied 04 November 2014

thanks Abhishek,but here my point is we have partnership firm now and we want to start a company with the same name in this case also no issue.

CA Abhishek Goyal (Chartered Accountant) (504 Points)
Replied 04 November 2014

Ms shreelkshmi, if u wish to start new company, u have to apply for name in form INC-1 in which there is a point "any director has partnership firm or proprietory firm in same name or applied for same name"you must attach NOC from that partnership firm..so in ur case NOC is required to create such co. In same name..

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