Use of 'National' in company names restricted; government stake required, and 'Bank'/'Exchange' require NOC. Companies and LLPs must not include the word National in their names unless they are government companies with Central or State government stake; registrars must enforce this rule. Use of the word Bank is permitted only with a No Objection Certificate from the banking regulator, and use of stock Exchange or Exchange requires a No Objection Certificate from the securities regulator.
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 'National' in company names restricted; government stake required, and 'Bank'/'Exchange' require NOC.
Companies and LLPs must not include the word National in their names unless they are government companies with Central or State government stake; registrars must enforce this rule. Use of the word Bank is permitted only with a No Objection Certificate from the banking regulator, and use of stock Exchange or Exchange requires a No Objection Certificate from the securities regulator.
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