Does Word "HELP" in pvt co hit provision of Sec 25.

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CA. CS. Paras Shah (Querist)

27 March 2011 Dear Experts,

Can you pls confirm,My client wants to register a company in name of "XyzHelp Pvt ltd."

whether use of word "HELP" in "XyzHelp pvt.Ltd." allowed to form a company with share capital.

So will ROC allow the above proposed co. to get registered with share capital in the name proposed above. IT will be a marketing company.

I mean will the inclusion of word "HELP" hit the provision of sec 25. As the proposed company(xyzhelp pvt ltd.)will have profit motive and will not be co. u/s 25.

So pls confirm and let me know.

Rasesh

Rasesh (Expert)

28 March 2011 No. The word HELP will not work against your purpose of profit objective.

CA. CS. Paras Shah

CA. CS. Paras Shah (Querist)

28 March 2011 Thank you So can i conclude that i can proceed for that name registration taking into consideration that such co. will be profit motive company.

CA. CS. Paras Shah

CA. CS. Paras Shah (Querist)

28 March 2011 Thank you So can i conclude that i can proceed for that name registration taking into consideration that such co. will be profit motive company.

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