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A Company can not use the same name or closely similar name of another existing company registered in India.
The name of a company starts with a noun followed by activity and ends with the words 'Private Limited' in case of private limited company and the word 'Limited' in case of public limited company. For example, 'Tata Consultancy Services Limited' is a public limited company. The name starts with the noun 'Tata', activity 'Consultancy Services' and ends with 'Limited' as it is a public limited company.
No promoter can register a company with the name 'Tata Consultancy Services Limited' or closely similar to that. Similarly, a trade mark owner can claim the text of the mark, if any, for registering a company with that name.
As per the Guidelines of the Ministry of Corporate Affairs, a company should have different levels of Authorised Capital to include certain words in the name of the company.
click here to see Table of Key words controlling Authorised Capital.
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