Improper use of 'Limited' or 'Private Limited' in a business name triggers daily fines unless duly incorporated. Use of the words 'Limited' or 'Private Limited' (or any contraction or imitation) as the last words of a trading or business name is prohibited unless the person is duly incorporated with limited liability or as a private company with limited liability; such use attracts a daily pecuniary penalty for each day the name is used, the statutory amount having been substituted by subsequent amendment.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Improper use of "Limited" or "Private Limited" in a business name triggers daily fines unless duly incorporated.
Use of the words "Limited" or "Private Limited" (or any contraction or imitation) as the last words of a trading or business name is prohibited unless the person is duly incorporated with limited liability or as a private company with limited liability; such use attracts a daily pecuniary penalty for each day the name is used, the statutory amount having been substituted by subsequent amendment.
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