{"id":50943,"date":"2022-11-25T11:35:41","date_gmt":"2022-11-25T06:05:41","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=50943"},"modified":"2022-11-25T11:35:44","modified_gmt":"2022-11-25T06:05:44","slug":"list-of-restricted-words-by-mca-for-a-company-name","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/list-of-restricted-words-by-mca-for-a-company-name\/","title":{"rendered":"List of Restricted Words by MCA for a Company Name"},"content":{"rendered":"\n<p>Before\nCompany Incorporation, the first and most important thing that should be done\nproperly is selecting a Company name. The proposed Company&#8217;s name must be first\napproved by the <strong><em>MCA (Ministry of Corporate Affairs)<\/em><\/strong>. The application for the\napproval of the name must be made under <strong><em>SPICe+ Form<\/em><\/strong>. One of the requested\nCompany\u2019s Names would be accepted depending on the availability of the Company\nName. In case none of the proposed Company Names are suitable, then the\napplicant needs to resubmit the application with additional new names. In this\nblog, we will discuss a list of restricted words by MCA for a Company Name.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/list-of-restricted-words-by-mca-for-a-company-name\/#What_is_the_Meaning_of_Restricted_Words\" >What is the\nMeaning of Restricted Words?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/list-of-restricted-words-by-mca-for-a-company-name\/#Insights_on_Restricted_Words_by_MCA_for_a_Company_Name\" >Insights on\nRestricted Words by MCA for a Company Name<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/list-of-restricted-words-by-mca-for-a-company-name\/#Some_Common_Reasons_for_Rejection_of_Proposed_Name_of_the_Company_%E2%80%93_Restricted_words_by_MCA_for_a_Company_Name\" >Some Common\nReasons for Rejection of Proposed Name of the Company &#8211; Restricted words by MCA\nfor a Company Name<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/list-of-restricted-words-by-mca-for-a-company-name\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Meaning_of_Restricted_Words\"><\/span>What is the\nMeaning of Restricted Words?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Once\nyou <strong><a class=\"text-primary\" href=\"https:\/\/corpbiz.io\/company-registration\">register a Company in India<\/a><\/strong>, you need to propose a name for the same &amp; get\nit approved by the MCA. The proposed name can be rejected or cancelled if not\nfollowed under the Guidelines of Company (Incorporation) Rules. There is a\nrestriction of words that can&#8217;t be used while choosing the name of the Company.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Insights_on_Restricted_Words_by_MCA_for_a_Company_Name\"><\/span>Insights on\nRestricted Words by MCA for a Company Name<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Following\nis the list of restricted words by MCA for a Company, and these restricted\nwords by MCA for a Company name cannot be combined with any other words or\nterms with comparable meanings in any other language:<\/p>\n\n\n\n<ol><li>Forest Corporation<\/li><li>Bureau<\/li><li>Panchayat<\/li><li>Development Authority<\/li><li>Board<\/li><li>National<\/li><li>Union<\/li><li>Small Scale Industry<\/li><li>Court or Judiciary<\/li><li>Commission<\/li><li>Board<\/li><li>Development Scheme<\/li><li>Municipal<\/li><li>Undertaking<\/li><li>Governor<\/li><li>Statutory <\/li><li>Rashtrapathi<\/li><li>Federal<\/li><li>Nation<\/li><li>Statue<\/li><li>Development Schemes or the use of the word \u201cScheme\u201d in conjunction with the names of any State, Government, India, or any Government Authority or in any way similar to the programmes introduced by the State, Central, or Local Government or Authorities are prohibited.<\/li><li>Khadi &amp; Village Industries Corporation<\/li><li>Minister<\/li><\/ol>\n\n\n\n<ul><li><strong>Words Need MCA Approval<\/strong>: When a proposed name comprises terms like a bank, asset management, mutual fund, insurance, venture capital, mutual fund, etc., the appropriate regulators like RBI, SEBI, IRDA, MCA, etc. must give their approval.<\/li><li><strong>Company name includes a Foreign Country name or a City<\/strong>: If the name of the Company contains the name of the Foreign City or Foreign Nation, the name can only be granted if the promoters can demonstrate that they have substantial business ties to that nation or Country.<\/li><li><strong>Words that Denote a Specific Type of Business Constitution<\/strong>: Any component of a Company Name cannot contain a word like LLP, HUF, Cooperative, Firm, PLC, PTE, AG, Society, Partnership, Trust, AG, etc., that is indicative of a different sort of business constitution or legal person.<\/li><li><strong>Words must be descriptive<\/strong>: The Name of the Company must be descriptive of the associated financial activity like Investment, Chit Fund, or Loan if the primary business of the Company is leasing, chit funds, financing, investments, securities, or a mix of these.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Common_Reasons_for_Rejection_of_Proposed_Name_of_the_Company_%E2%80%93_Restricted_words_by_MCA_for_a_Company_Name\"><\/span>Some Common\nReasons for Rejection of Proposed Name of the Company &#8211; Restricted words by MCA\nfor a Company Name<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Following\nare some common reasons for the rejection of the proposed name of the Company:<\/p>\n\n\n\n<ul><li>The proposed name is not as per\nthe activities described in Main Objects;<\/li><li>The proposed name doesn&#8217;t include\na suitable prefix;<\/li><li>In case of the Company takes over\nthe partnership firm&#8217;s business, the applicant must provide a copy of the\nPartnership Deed, the latest Assessment order, the Balance sheet of the past 2\nyears &amp; also the Profit and Loss Account. An affidavit signed by all the\nproposed Partners showing that the primary object of the Company will be to\ntake over the business of the present firm &amp; thereafter, the firm will be\ndissolved;<\/li><li>Words like Enterprises, Business,\nIndustry, Udyog, Products, and manufacturing may be considered when the Company\nproposes to deal in various business activities or the Company is already\ncarrying on various business activities (in case of a change of Company Name).\nAs your business activity is in a particular trade, said keywords cannot be\nallowed.<\/li><li>The proposed Company name is too\ngeneral without any unique word or identity.<\/li><li>The proposed Company name is not\navailable in view of the existence of identical or closely resembling\ncompanies.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>After discussing the list of restricted words by <strong>MCA<\/strong><sup><a class=\"text-primary\" href=\"https:\/\/www.mca.gov.in\/content\/mca\/global\/en\/home.html\"><strong>[1]<\/strong><\/a><\/sup> for a Company name, it is concluded that you must propose a name &amp; have it approved by the Ministry of Corporate Affairs. The proposed name can only be accepted if followed by Company (Incorporation) Rules and guidelines. As we mentioned above, there are some restricted words by MCA for a Company Name and if a Business Owner selects those words, then that Company Name Approval is rejected by MCA.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read Our Article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/what-are-the-requirements-before-choosing-company-name-in-india\/\">What are the Requirements Before Choosing Company Name in India?<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Before Company Incorporation, the first and most important thing that should be done properly is selecting a Company name. The proposed Company&#8217;s name must be first approved by the MCA (Ministry of Corporate Affairs). The application for the approval of the name must be made under SPICe+ Form. One of the requested Company\u2019s Names would [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":50944,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[2898],"acf":{"service_id":"1"},"authorName":"Karan Singh","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/processed-1-150x150.jpeg","authorDescription":"A legal writing enthusiast, a wanderer, and a zealous reader. After gaining a lot of knowledge about the diverse legal topics and developing research skills, Karan joined the league of legal content writers to deliver quality-rich blogs.","postViews":10438,"readingTime":3,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/50943"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=50943"}],"version-history":[{"count":2,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/50943\/revisions"}],"predecessor-version":[{"id":50946,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/50943\/revisions\/50946"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/50944"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=50943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=50943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=50943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}