The process of naming your limited liability partnership or limited business

In order to comply with various rules, the name of your limited business or LLP must be appropriate. It is not possible for you to make use of the name you choose if it does not fulfill these conditions.

1. Overview 

The name of your limited liability partnership (LLP) or limited liability company (LLC) must comply with specific rules. It is not possible for you to make use of the name you choose if it does not fulfill these conditions. 
As well as providing instances of the constraints that apply to prescribed and other sensitive terms, this article offers direction on how to choose a name for a child.

2. Choosing a name for a company or LLP 

Before deciding on a name for your corporation or limited liability partnership (LLP), there are a few guidelines to take into consideration. 
It will be necessary for you to verify that it is not the "same as" that of an existing corporation or limited liability partnership (LLP). Even if a ' same as' name is not exactly the same as an existing business name, it is possible that it will generate confusion if it is quite close to the name of the firm. It wouldn't be impossible for you to register "Smith Transport Services UK Limited" if, for instance, there is already a business that goes by the name "Smith Transport Services Limited." Without the two firms being members of the same group and meeting additional requirements, you will not be able to register this name. 
Words in need of use 
Within the names of limited corporations and limited liability partnerships (LLPs), certain terms are necessary to be included: 
The names of private limited companies must finish with the word "Limited" or "Ltd." Private unlimited company names may conclude with the word "unlimited," but this is not needed. Public limited company names must end with the word "public limited company" or "plc," in capital letters or lowercase letters, with or without full stops. 
The 'limited liability partnership' or 'LLP' must be the last letter in the name of an LLP. 
At what point will RO companies express their refusal to register a firm name? 
Companies House will not register a name if any of the following conditions are met: its use would constitute an offence or it is offensive; it implies a connection with central or local government, or with some public authorities; it contains a word or expression that is considered to be "sensitive"; it contains characters, signs, symbols, and punctuation that are not permitted; it is identical to, or the same as, another name that appears on the index of company names; it uses any of the name endings "limited," "ltd," "unlimited," "public limited company," or "plc" in a manner that is misleading or causes confusion

3. Criticisms about the names of companies 

After the name of your business or limited liability partnership (LLP) has been registered, you should not be required to modify it. Having said that, there are a few notable outliers. If any of the following apply to your corporation or limited liability partnership (LLP): 
In addition, there is a complaint that the name is "too similar" to the name of another company, which has been supported by the Secretary of State. 
• within five years of registration it is established that false information was disclosed at the time of registration
 • within five years of registration any conditions linked to the registration have not been met. To provide only one example, the providing of support material for a name that is considered inappropriate
• someone raises objections to the fact that the name of the business or limited liability partnership (LLP) is identical to the name of another entity in which they have goodwill and that the purpose for registration was "opportunistic" 
• the name is deceptive and, as a consequence, may make the public more vulnerable to damage 
How can one define "too like"? 
In the event that a business name is discovered to be very close to that of an existing company name, it is quite probable that the two names are "too similar." To provide an example, suppose there is a little difference in the names. The majority of names that are "too similar" to one another have the potential to create some misunderstanding. For example, the names A & B Consultants Limited and A & B Consulting Limited are alike. 
The majority of the time, appropriate names is those that vary from one another by one or more words. The names will not be accepted if they have a number of extremely distinguishable characteristics and the only thing that differentiates them is the addition of words like "services" or "trading." 
The act of objecting to a name 
Send a letter to the registrar of the firm to which you object to object to a name. The following letters should be sent: 

Regarding India: 
Organizations that provide customer support and registration 

Within a year after the business's registration or change of name, they are required to provide instructions to modify the name of the company. The business or limited liability partnership (LLP) is required to alter its name within a period of twelve weeks if the registrar upholds the objection. 

Opportunistic registrations are being made. 
It is possible to issue a directive to a firm to alter its name. There is a possibility that this might occur if a firm has registered a name to receive money or other benefit from a person or another company.
 

4. Words that are both delicate and required 

Before you may use certain phrases; you must first get the approval of a competent authority or fulfill a set of obligations. To register your business or limited liability partnership (LLP), you are required to submit an application to the ROC along with a copy of the permission. 
It is possible for ProMunim of India to provide you with information and guidance on any and all aspects of business. Call us on this number: 18002661294.