company name - minimum authorised capital

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 February 2010 Can I use the name of company as GLOBOSPARES PRIVATE LIMITED with an authorised capital of Rs 5,00,000 ( five lacs ). ( If we use the words GLOBAL or GLOBE, the authorised capital should be 1 crore. Is the same authorised capital to be adopted if we use the word GLOBO ? )

20 February 2010 I think you may go ahead with this name provided the same is a unique name. Just upload form-1A and wait for the ROC reaction.

REgards

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 February 2010 Dear Ankurji,
My form 1A has been rejected by ROC on the grounds of insufficient capital. ( I found from the mca website that there are some companies whose name starts with GLOBO and having a capital of Rs.5 lacs ( like GLOBODYNE HEALTHCARE PRIVATE LIMITED incorporated in 2008). Can I refer these companies before ROC and get the name GLOBOSPARE private limited approved.

Thanks in advance


20 February 2010 Try to explain to the Roc that the word Global or Globe is not used.

20 February 2010 Agree try to explain roc



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