Dear All,
Please take note the fact that MCA has instructed all the ROC(s) to stringently enforced that no company should be allowed to be registered with the word ‘National' as part of its title unless it is a Government Company and the Central / State Government(s) has a stake in it.
Further the word ‘Bank' or word “stock Exchange" or "Exchange" may only be allowed in the name of an entity, when such entity produces a No Objection Certificate' from the RBI or SEBI in this regard at the time of registration of companies.
You may download the MCA circular in this regard from the link mentioned below:
https://www.mca.gov.in/Ministry/pdf/General_Circular_2_2014.pdf
Regards
CS Ankur Garg
CAclubindia
