Name availability guidelines

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 May 2013 Dear Experts,

One of my client wants to incorporate a Pvt. ltd company with starting word of Global.

Now my query is that whether Authorised capital will be Rs. 1 lacs or 1 Cr. ?

Please suggests.

Awaiting your reply.

CA Kapil Verma

CA Kapil Verma (Expert)
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27 May 2013 now there is no restriction on the basis of Authorise capital.

you can add any word on 1 lac capital.

Ganeshbabu K

Ganeshbabu K (Expert)
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27 May 2013 DEAR AUTHOR

UNDER SEC.20 AND 21 OF COMPANIES ACT 1956

IF YOU WANT KEYWORD "GLOBAL" AS YOUR COMPANY NAME

5 CRORE AUTHORIZED CAPITAL IS MANDATORY

PLEASE REFER MORE RULES FOR NAME OF COMPANY

REFER 7TH PAGE FOR YOUR QUERY CLARIFICATIONS
http://www.mca.gov.in/Ministry/pdf/Companies_rules_15Mar2011.pdf

CA Kapil Verma

CA Kapil Verma (Expert)
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28 May 2013 hi Ganeshbabu

the mca has issued the following circular and now there is no limit of authorised capital.

http://www.mca.gov.in/Ministry/pdf/Circular_45-2011_08july2011.pdf

Ganeshbabu K

Ganeshbabu K (Expert)
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28 May 2013 Thank you very much sir,

so all previous circulars will be replaced and circular provided in Your reply is the only rule..

i have not seen any rule regarding this special names so we can say that no limit on authorised capital

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