Company Name Search

What is Company Registration?

Incorporation is the formation of a new corporation/ company (a corporation being a legal entity that is effectively recognized as a person under the law). The corporation may be a business, a non-profit organization, a startup, a micro small or medium scale business.MCA regulates corporate affairs in India through the Companies Act, 1956, 2013 and other allied Acts, Bills, and Rules. MCA also protects investors and offers many important services to stakeholders. The Ministry is primarily concerned with the administration of the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act, 2008 & other allied Acts and rules & regulations framed there-under mainly for regulating the functioning of the corporate sector in accordance with the law.

Additional Read : How to Register a Company in India?

Guidelines for choosing your Company Name

Identical or Similar

The name which you choose should not be identical or similar to the existing names neither by words nor phonetically. In case and such name is found, it can be considered as an offense. A name should contain a noun and an activity word that reflects the business which is carried. Company name search procedure helps you to avoid such mistakes.

Trademark

The applicant is requested to do a Trademark search to ensure that the name which is chosen by a firm does not exist. This process avoids duplication.

Choose relevant name

A name should consist following do’s and don’ts:

Do’s

• A word which gives a glimpse idea about the company should be mentioned.
• A name should be unique to avoid duplication or offense.
• In the case of PVT LTD, the name should have this abbreviation at the end.

Don’ts

• A name should not be offensive.
• The plural version of any existing name will not be applicable.
• Separating and joining different name to make similar can be considered as one company.
• The usage of different tense or number will not be counted as another name.

Block your domain name

It is necessary for an applicant to make a different domain name, therefore you should block your domain name to avoid duplication.

Regulatory approval

A company name which includes the words like insurance, bank, stock exchange, venture capital, asset management, mutual fund, etc may require regulatory approvals from RBI, SEBI, IRDAI, etc.

Authorized capital

Company names that include words like International, Globe, Continental, Asiatic, Asia, Industries, Udyog, Hindustan,India, Bharat, enterprises, products, business, etc should have a minimum authorized capital of Rs.5 lakhs and above.

How to Check Company Name Availability

Following are the steps to Check Company Name Availability Online

• Enter your company name and click on “Search”.
• The details on the screen will be displayed in three different ways:

First case

In case you get less than three results, then the message of “High Probability” will be shown, which means there is a huge possibility to get the approval from the government for your company name.

Second case

While searching for the company name, if the message is displayed as “Moderate Probability” then there are 50% chances for your company name approval.

Third case

In case more than 8 results are displayed then the message of “Low Probability” will be shown. Here there are very chances for the approval of your company. In such a case, you should choose some other name.

Different types of Company Incorporation

Additional Read : What is Reserve Unique Name?