Praveen K
4 years 8 months ago
Please amend company act/ rules to provide freedom to companies to do business for any products or services and provide any name for company, which need to be linked to its objects. Now the company registrar reject company names on many grounds ,including many objects are specified and they can't verify trade mark violation for each clause of Trademark. These are purely technical issues which ministry of corporate affairs have to resolve and provide promoters freedom. Promoters can't waste time and energy replying to company registrars comments on objects and naming. Unnecessary bureaucratic interference spoils the spirit of entrepreneurship, private limited companies should be given the freedom to include as many objects they want to peruse and name what ever company name as long its not violating trade marks and existing company names. Cost of compliance has to be brought ,Unnecessary meetings, filing for pvt ltd companies need to be done away to enable ease of doing business
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