Use of 'Corporation' in company names: permitted for companies with substantial authorised capital; Registrars may allow in deserving cases. Guidance permits private companies to use the word Hindustan when business scope and scale justify it, and directs Registrars to apply existing name approval guidelines. It further states that authorised capital at incorporation is the criterion for treating a company as 'big sized' for allowing the word Corporation, with an authorised capital benchmark for permitting its use and a separate paid up capital benchmark to be used for reporting purposes.
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.
Use of 'Corporation' in company names: permitted for companies with substantial authorised capital; Registrars may allow in deserving cases.
Guidance permits private companies to use the word Hindustan when business scope and scale justify it, and directs Registrars to apply existing name approval guidelines. It further states that authorised capital at incorporation is the criterion for treating a company as "big sized" for allowing the word Corporation, with an authorised capital benchmark for permitting its use and a separate paid up capital benchmark to be used for reporting purposes.
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