CA Foundation · Business Laws · The Companies Act, 2013
Dev Textiles Ltd, a company with a name resembling an existing firm, applies to the Registrar for approval of its proposed name. Which of the following names would the Registrar refuse as undesirable?
The Registrar will refuse a name that is identical with, or too nearly resembles, the name of an existing company or a registered trademark. The prescribed suffixes Limited and Private Limited are required, not objectionable, so the resembling name is the undesirable one.
- AA name identical with or too nearly resembling the name of an existing companyCorrect
- BA name ending with the word Limited for a public company
- CA name ending with Private Limited for a private company
- DA name chosen with the Registrar's approval of availability
Explanation
A name is undesirable if it is identical with or too nearly resembles that of an existing company or registered trademark. Using Limited or Private Limited as the suffix is required by law. A name already approved as available is not objectionable.
Did you get it right without looking?
One question tells you little. A timed set on The Companies Act, 2013 shows your real accuracy, how long you take and where you lose marks.
More The Companies Act, 2013 questions
- Bharat Power Ltd holds 55% of the equity voting power of Sunrise Energy Ltd. Sunrise Energy holds 60% of the voting power in Zenith Solar Lt…
- Zenith Pharma Ltd, a listed public company, appointed Mr. Iyer as a director. Mr. Iyer is already a director in 19 other companies, of which…
- Rohit Agro Ltd wants to change the objects clause in its Memorandum of Association. Under the Companies Act, 2013, which of the following is…
- Kavya Textiles Ltd, a listed public company, is appointing a woman director to meet the statutory requirement. Which statement correctly des…
- Gopal Industries Ltd, a public company, wants to issue secured debentures to the public. Which statement correctly reflects the requirements…
- Vikram owns almost all shares of Vikram Cement Ltd. He insured the company's factory building in his own name. The factory is destroyed by f…