Name reservation criteria: use of restricted words requires prescribed authorised capital and placement conditions for company name allotment. Guidelines tie permissibility of specified key words in proposed company names under sections 20 and 21 to prescribed minimum authorised capital levels and to whether the word is the first word of the name or appears elsewhere; separate authorised capital thresholds are specified for categories such as 'Corporation,' international descriptors, national identifiers, 'Industries/Udyog,' and commercial designations, with the latter contemplated for companies carrying on multiple activities or changing their name.
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Name reservation criteria: use of restricted words requires prescribed authorised capital and placement conditions for company name allotment.
Guidelines tie permissibility of specified key words in proposed company names under sections 20 and 21 to prescribed minimum authorised capital levels and to whether the word is the first word of the name or appears elsewhere; separate authorised capital thresholds are specified for categories such as "Corporation," international descriptors, national identifiers, "Industries/Udyog," and commercial designations, with the latter contemplated for companies carrying on multiple activities or changing their name.
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