Explain the following concept:

Name Clause

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1 Answers

  • This clause contains the name of the company. 
  • The name of the company should not be identical to any existing company. 
  • If it is a private company, then it should have the word Private Limited at the end. 
  • And in the case of a public company, then it should add the word limit at the end of its name. 
  • For eg ABC Private Limited in the case of the private and ABC Ltd for a public company.

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