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Govt amends rules pertaining to incorporation of companies

16 May 2019 Evaluate

In order to provide more clarity and uniformity in choosing names for the companies, the corporate affairs ministry has amended the rules pertaining to incorporation of companies. The ministry has brought in amendments to the Companies (incorporation) Rules, 2014.

The move also comes against the backdrop of instances where applications by companies for registering their names have been rejected on account of various reasons, including trademark issues and proposed names being too general.

The rules have been updated so that there is clarity for people to apply as well as for officers to process the requests properly. Among others, the ministry has now provided illustrations regarding applicability of various names.

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