24 January 2012
Mitesh Ji But in Companies Name (Availability ) Rules,2011 the figures given are 5 and 2 crores respectively. Please see the said rules in http://www.mca.gov.in/Ministry/pdf/Companies_rules_15Mar2011.pdf
24 January 2012
Dera Jitendra Ji Thanks for Notifying...I did not see the link given by Warrier Sir...
Actual matter...
15March, 2011--Name Name Availability Rules 2011 are placed.
Applicable guidelines are given vide circular no 45/2011 dated: 08/07/2011.
These guidelines supersede all previous circulars and instructions issued by MCA regarding name availabillity, thereby, inter alia, doing away with the higher minimum authorised share capital criteria for use of certain key words in the corporate names i.e. “Corporation”, “International”, “InterContinental”, "Global", “Asia”, “India”, "Hindustan", “Industries”, “Enterprises”, “Business”, “Manufacturing” etc.;
45/2011 came to effect vide circular 48/2011 dated: 22/07/2011.
Therefore, only 45/2011 needs to be considered. As far as my reply on your earlier post concerned stands correct.
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