Selection of the name for the proposed LLP to be incorporated is one of the important process of the entire incorporation process, ideally the name of the LLP should be such which represents the business or activity intended to be carried on by it. Before selecting the name of the LLP, it is necessary to evaluate the proposed name under the following given criteria’s:
The Ministry of Corporate Affairs of India has prescribed certain words, which should not form part of the name of LLP intended to be incorporated in India, such words are prohibited under The Emblems and Names (Prevention of improper use) Act, 1950.
Words based on Approval:
Various government regulatory authorities operating in India like Securities & Exchange Board of India, Reserve Bank of India, has prescribed certain words, which if forms part of the name of the proposed LLP to be incorporated, requires there first hand approval.
With the help of this calculator, you have to just provide the proposed name of your proposed LLP and it will automatically evaluate your name in terms of the above given criteria’s.