Authorised capital

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CA SMR

CA SMR (Querist)
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21 December 2011 Dear Experts,

Please share the authorised capital with respect to specific company names.

Regards...

CA VISHAL RANA,CS,B.Com,AMFI

CA VISHAL RANA,CS,B.Com,AMFI (Expert)
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21 December 2011 Key words and autorised capital specifeid below-:

1. for use key word "Corporation" =5 crore

2. for use key words "International, Globe, Global, Universal,
Universe, Continental, Inter-Continental,
Asiatic, Asia, Asian, World being the first
word of the name= 1Crore

3.If any of the key words at 2 above is used within the name (with or without brackets)= 50 Lac

4. Hindustan, Hindustani, Hindustanee, India, Indian, Bharat, Bhrarati, Bharatiya,
Bharateeya, being the first word of the name = 50 Lac

5.If any of the key words at 4 above is used within the name (with or without brackets)= 5 Lac

6. Industries / Udyog / industrial, industry= 1 Crore

7. Enterprises, Enterprise, products, product, Business, Manufacturing, manufacture= 10 Lac

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Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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21 December 2011 Sukanya Ji

Please see Companies (Name Availability) Rules,2011 for the details sought for.

Vishal Ji

The data given by you is the pre amended position. For the post amended situation ,please see the above referred rules.

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Guest

Guest (Expert)

21 December 2011 The Name Availability Guidelines, 2011 and revised e-form 1A shall be implemented with effect from 24th July, 2011.
A fee of C 1,000/- shall be charged w.e.f. 24th July, 2011 for making an
application for availability of name in revised e-form 1A as provided
under Companies (Central Government's) General Rules and Forms
(Amendment) Rules, 2011 dated 14.07.2011.

Guest

Guest (Expert)

21 December 2011 @ Warrier Ji,

Authorised capital as per key words is the name is specified by Mr. Vishal Rana. In the new name availability Guidelines 2011 w.e.f 24.07.2011 there are NEW GUIDELINES for name availability.

Autho cap for key words has remained the same.

Pls confirm my above reply.

Thanks

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Guest

Guest (Expert)

21 December 2011 Pls read name as SAME in the first line of above reply.

"SAME AS SPECIFIED BY MR. VISHAL RANA."

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Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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22 December 2011 Neha Ji

Request to read clause 10 (x) in http://www.mca.gov.in/Ministry/pdf/Companies_rules_15Mar2011.pdf

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Guest

Guest (Expert)

22 December 2011 Warrier Je,

Pls visit this link :

http://mca.gov.in/Ministry/pdf/Circular_45-2011_08july2011.pdf

General Circular No. 45/2011

In this aforesaid circular regarding NAME AVAILABILITY GUIDELINES, 2011 it is mentioned that In supercession of all the previous circulars and instructions issued by Ministry of Corporate Affairs from time to time regarding name availability, the applicants and Registrar of Companies are advised to adhere following guidelines while applying or approving a name.

Also rules as specified by you are not their on MCA 21 website when i m searching in the rules section.

Pls confirm whether circular of 08.07.2011 will be now applicable or rules of 15.03.2011.

Many thanks for your efforts to clarify doubts indeed.

Warm Regards, Neha
Pls confirm

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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24 January 2012 Actual matter (As per my understanding)...

15March, 2011--Name Availability Rules 2011 are placed.

Applicable Name Availability Guidelines, 2011 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.

Correct me if i am wrong.