# Name Clause of MOA
## 1. Suffix Requirements
| Company Type | Name must end with |
|---|---|
| Public Company | 'Limited' |
| Private Company | 'Private Limited' |
| Section 8 Company | No suffix (exempted) |
| IFSC Company | 'International Financial Service Company' or 'IFSC' |
## 2. Restrictions – When a name is NOT permitted
A name shall not be:
- Identical to or too nearly resembling an existing company's name, AND
- Undesirable in the opinion of the Central Government.
### Undesirable Names – CG approval required
Names suggesting association with CG/SG or local authority; prohibited words like Board, Authority, National, President, SSI.
### Special Entity Names – Regulator declarations needed
Terms like Insurance, Bank, Stock Exchange require declarations of compliance with IRDAI, RBI, SEBI, MCA.
## 3. 'Too Nearly Resembling' – The Rules of Resemblance
A name is considered to resemble another if it differs only by:
1. Plural/singular form
2. Type/case of letters, spacing, punctuation
3. Different tense
4. Slight spelling variation
5. Different phonetic spelling
6. Complete translation/transliteration
7. Use of host name
8. Order of words
9. Definite/indefinite article
10. Addition of a place name to an existing name
11. Addition/deletion/modification of numerals (unless numeral itself is a brand)
## 4. Reservation of Name (RUN System)
| Use Case | Reservation Period |
|---|---|
| New company | 20 days |
| Change of name of existing company | 60 days |
### Extension under Rule 9A (file BEFORE expiry)
| Extension | Fee |
|---|---|
| Additional 20 days | ₹1,000 |
| Additional 40 days | ₹3,000 |
## 5. Cancellation of Name Obtained by Wrong Information
| Stage | Consequence |
|---|---|
| Company NOT yet incorporated | Name cancelled; applicant fined up to ₹1 lakh |
| Company already incorporated | After hearing, ROC may direct: (a) change of name within 3 months, OR (b) striking off, OR (c) petition for winding up |
## 6. Emblems and Names Act Compliance
Names must comply with the Emblems and Names (Prevention of Improper Use) Act, 1950.