CA Rachit Agrawal (CA Practice) (400 Points)
08 November 2016Sir,
Please share the procedure of taking approval from Central Governement for using the Name(i.e. name which requires the prior approval from Central Government for using it).
Thanking You,
Rachit Agrawal
Shankar
(CEO)
(22 Points)
Replied 09 November 2016
Rule 8 of Companies (Incorporation) Rules, 2016 gives power to the Central Government to approve certain names which is considered undesirable. Circular 2/2014 date 11th February,2014 lays down the criteria for a Company to use the following words:
1. National- Government Companies is which the Central and State have stake
2. Bank – After obtaining No Objection Certificate from RBI
3. Stock Exchange/Exchange -After obtaining No objection Certificate from SEBI
For the notification please refer free to use website www.ca2013.com which provides integrated and real-time view of the Companies Act,2013
CA Rachit Agrawal
(CA Practice)
(400 Points)
Replied 22 November 2016
thanks for your reply..but my question was how to take approval from central government.
CAclubindia
