Company Name Registration Flashcards

1
Q

Company name registration

A

Here are the simplified notes:

Company Name Registration

Prohibited Names
A company cannot be registered with a name that is:

  1. Identical or similar to an existing company name
  2. Inappropriate or undesirable
  3. Deceptive or misleading
  4. Offensive to religious susceptibilities
  5. Prohibited by the Commission

Examples
1. “ABC Fertilisers Limited” and “ABC Fertilizers Limited” are too similar.
2. “Spread Violence (Private) Limited” is an inappropriate name.
3. “Industry Bank Limited” is deceptive for a machinery trading company.

Names Requiring Prior Approval
Prior approval from SECP is required for names suggesting:

  1. Patronage of a head of state
  2. Connection with the government or a statutory body
  3. Connection with a foreign government or international organization
  4. Establishment of a modaraba management company

Final Decision
The Commission’s decision on company name registration is final.

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