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.

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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: