Avoid Name Rejection: Key Takeaways from MCA’s Latest Advisory on Company and LLP Registration

Major compliance tips from the Ministry of Corporate Affairs advisory on new Company and LLP name registration.

MCA Issues Advisory on Company and LLP Name Reservation

Vanshika verma | Mar 14, 2026 |

Avoid Name Rejection: Key Takeaways from MCA’s Latest Advisory on Company and LLP Registration

Avoid Name Rejection: Key Takeaways from MCA’s Latest Advisory on Company and LLP Registration

The Ministry of Corporate Affairs (MCA), Government of India, recently issued an advisory called “Advisory for Stakeholders for Name Reservation and Incorporation of Company and LLP” to provide important instructions to make the process of registering a company or Limited Liability Partnership (LLP) smoother

The advisory was released on March 12, 2026. The main purpose of releasing this advisory is to help people avoid mistakes that often cause their applications to be sent back for correction.

1. Choose a unique name.

The company name should be completely different from existing or famous names. It should not look or sound similar to any existing company or brand so that people do not get confused.

For Example:

Existing Name: Shreeji Electricals Limited
Proposed Name: Shreeji Electronics Private Limited

2. NOC will not help if the name is similar

A No Objection Certificate (NOC) will not be accepted if the proposed name is exactly the same or very similar to an existing name.

For Example:
Existing Name: Royal Foods Pvt Ltd
Proposed Name: Royale Foods Private Limited

3. Consider time limits

Make sure the proposed company name is selected carefully because the name reservation has a limited validity period, so delays can cause problems.

4. Avoid famous abbreviations

Do not use well-known abbreviations in the company name. For example:

NHDC: Famous abbreviation by National Handloom Development Corporation Limited

BRICS: An Intergovernmental organization comprising ten countries such as Brazil, China, Egypt, etc.

5. Special words need approval

If your company name includes words like Bank, Insurance, Company Secretaries, Chartered Accountant, etc., you must get prior approval (NOC) from the concerned regulator before reserving the name.

6. Financial-sector words require later approval.

If the name contains words like Stock Exchange, Venture Capital, Asset Management, Mutual Fund, etc., you must declare in SPICe+ Part B that the company will obtain approval from the relevant regulator before starting such business activities.

For more information, refer to the mentioned advisory:

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"