The following are some of the important guidelines to keep in mind while choosing a company name:
Proposed company name cannot be identical or similar to an existing company or LLP or trademark. Plural version, joining or separating words, spacing, different tense, different spelling, addition of place, addition of titles and other minor difference would not make a name unique.
Proposed company name cannot infringe on a registered trademark or an application for registration of a trademark, unless the consent of the registered trademark owner or trademark applicant is submitted along with the name approval application.
Proposed company names cannot include words indicative of a separate type of business constitution or legal person or any connotation. For example, words like co-operative, sehkari, trust, partnership, proprietor, society, HUF, firm, Inc., GmbH, SA, PTE, Sdn, AG cannot be a part of company name.
Proposed company name cannot imply association or connection with or patronage of a national hero or any person held in high esteem or important personages who occupied or occupying important positions in Government. Proposed name cannot imply association with Indian or Foreign Government.
Proposed company names that include words like insurance, bank, stock exchange, venture capital, asset management, mutual fund or other financial activity may require approval from Regulatory Bodies like RBI, SEBI, IRDAI, etc.,
Proposed company names that include words like international, globe, universal, continental, asiatic, asia, industries, udyog, hindustan, india, bharat, enterprises, products, business and others may require the company to have a minimum authorised capital of Rs.5 lakhs and above.