A Company can’t use an identical name or closely similar name of another existing company registered in India.
The name of the firm should be distinctive for registration. The name of a Private / Public Company shall end with the words “Private Limited” or “Limited” respectively. The found name of a company should go with the restrictions and guidelines for Name convenience as prescribed by the Ministry of corporate Affairs.
The name of a company starts with a noun followed by activity and ends with the words ‘Private Limited’ in case of private limited company and the word ‘Limited’ in case of public limited company. For example, ‘Tata Consultancy Services Limited’ is a public limited company. The name starts with the noun ‘Tata’, activity ‘Consultancy Services’ and ends with ‘Limited’ as it is a public limited company.
No promoter can enlist an organization with the name “XYZ” or firmly like that. So also, an exchange stamp proprietor can assert the content of the check, assuming any, to register an organization with that name.