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Welcome To Contract Easily! ( Consult, Contract, Share,download Legal Matters Easily )
Contract Easily
Stamp paper is not included with this agreement and is for illustration purposes only. If e -stamp is applicable in your city you can order it during checkout.
Stamp paper is not included with this agreement and is for illustration purposes only. If e -stamp is applicable in your city you can order it during checkout.
Guidelines for Drafting Application for Availability of Name for the Company
Where it is Used:
This application is submitted to the Registrar of Companies (RoC) during the process of incorporating a new company. It is the initial step to reserve and confirm the availability of a unique name for the proposed company.
Guidelines:
Unique and Descriptive Name: Propose a name that is unique, distinctive, and aligns with the business activities. Check the RoC guidelines for naming conventions.
Relevance to Business: Ensure the proposed name reflects the nature of the business. It should not be misleading and should comply with legal regulations.
Avoid Restricted Terms: Steer clear of using terms that are prohibited or restricted by the RoC. Familiarize yourself with the guidelines regarding sensitive words.
Use of Prefix/Suffix: If a specific prefix or suffix is desired, clearly mention it in the application. Confirm its availability and adherence to regulations.
Common Mistakes to Avoid:
Non-Compliance with Naming Rules: Failure to adhere to the RoC's naming rules can lead to rejection. Ensure the proposed name complies with guidelines.
Similarity to Existing Companies: Conduct a thorough search to avoid proposing a name similar to existing companies. Such names may be rejected or cause legal issues.
Neglecting Reserved Names: Check if the proposed name is already reserved. Overlooking this may lead to unnecessary delays in the incorporation process.
Incomplete Application: Provide all necessary details in the application form. Incomplete or inaccurate information can lead to processing delays.
By following these guidelines, you enhance the chances of a smooth approval process for the company name. Attention to detail and compliance with naming regulations are crucial for a successful application for name availability.