Name avability

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 December 2013 can this name Schulisch india Education services be alloted as proposed company? If yes then what will be the criteria?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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28 December 2013 u need to file form1A for name availability and check from roc concerned.

Querist : Anonymous

Querist : Anonymous (Querist)

29 December 2013 sir this name is not alloted to any company..
so can i avail this name as per name availibility guidelines coz the word india n education is mention n wht would be the paid up capital as per regulation...

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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29 December 2013 Yes you can. Minimum paid up capital Rs 1 lac for Pvt Ltd company and Rs 5 lac for Ltd company. No specific capital required for using the word India and education.

CS Adnan Shaikh

CS Adnan Shaikh (Expert)
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30 December 2013 Dear Sanjay Sir,

As per the Name Availability Rules, 2011, for using the word "India" WITHIN the name of the company requires authorized capital of Rs. 25 Lacs. Is it correct? Are the name availability guidelines outdated?

Thanks in advance.

Adnan

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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30 December 2013 Yes thats outdated. Refere to this circular:

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

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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30 December 2013 The one you are talking about is this earlier one in March 2011:

https://www.caclubindia.com/news/-companies-name-availability-rules-2011-8830.asp#.UsEWS_QW23t