Incorporation query

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Hi CCI members,

I had reserved a name for a pvt company to be incorporated mentioning Mr.X & Mr.Y as directors and promoters. 

But it didnt workout with Mr.Y so Mr.Y is rolling out of this partnership & other person Mr.Z willing to join and he shall be the director.

Now can I use the same name reserved earlier for incorporating a company having Mr.X & Mr.Z as directors or Should I go for new name so that I may lose my brand name which is prefix in the name reserved earlier.

Can anybody help me in this regard. Thanking you in advance.

 

Regards

Santosh

Replies (1)

There is no specific provision with regard to your query, but to my knowledge, you cannot proceed further with the reserved name. I suggest you to request the one who wants to exit to complete the incorporation procedure, after incorporation add new director and then remove the said director

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