Restriction on use of 'National' in company names; allowed only for government companies with government stake, ROCs to enforce. Companies and LLPs must not use the word National in their registered names unless they are government companies with Central or State government stake; Registrars of Companies must enforce this prohibition. The word Bank requires a No Objection Certificate from the Reserve Bank of India, and the words Stock Exchange or Exchange require a No Objection Certificate from the Securities and Exchange Board of India as preconditions for name approval.
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.
Restriction on use of 'National' in company names; allowed only for government companies with government stake, ROCs to enforce.
Companies and LLPs must not use the word National in their registered names unless they are government companies with Central or State government stake; Registrars of Companies must enforce this prohibition. The word Bank requires a No Objection Certificate from the Reserve Bank of India, and the words Stock Exchange or Exchange require a No Objection Certificate from the Securities and Exchange Board of India as preconditions for name approval.
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