The guidelines for the availability of LLP names are prescribed by
the LLP Act
- The name of the limited liability partnership shall not be one prohibited under the Emblems and Names (Prevention of Improper Use) Act, 1950
- A
Name shall not generally be reserved, if -
- Offensive
Names: It
includes any word or words which are offensive to any section of the
people;
- Translation: The
proposed name is the exact Hindi or English translation of the name of an
existing limited liability partnership in English or Hindi, as the case
may be; Phonetic Resemblance: The proposed name has a close phonetic
resemblance to the name of a LLP in existence, for example, J.K. LLP.,
Jay Kay LLP;
- Co-operative
Sector: It
includes the word Co-operative, Sahakari or the equivalent of word
'co-operative' in the regional languages of the country;
- Government
Patronage: It
connotes the participation or patronage of the Central or State
Government, unless circumstances justify to, e.g., a name may be deemed
undesirable in certain context if it includes any of the words such as
National, Union, Central, Federal, Republic, President, Rashtrapati, etc;
- The
proposed name contains the words 'British India';
- Assocation
with Embassy: The
proposed name implies association or connection with any Embassy or
Consulate or of a foreign government which suggests connection with local
authorities such as Municipal, Panchayat, Zila Parishad or any other body
connected with the Union or State Government;
- Vague
Names: The
proposed name is vague like D.I.M.O. Limited liability partnership or
I.V.N.R. Limited liability partnership or S.S.R.P Limited liability
partnership;
- Close
Similarity: It
is different from the name or names of the existing limited liability
partnership only to the extent of having the name of a place within
brackets before the word 'limited liability partnership', for example,
Indian Press (Delhi) LLP should not be allowed in view of the existence
of the LLP named Indian Press LLP;
- Trade
mark: It
includes name of registered Trade mark, unless the consent of the owner of
the trade mark has been produced;
- Identical
Names: The
proposed name is identical with or too nearly resembles the name of a
firm or LLP or company incorporated outside India and reserved by such
firm, LLP or company with the registrar in accordance with these rules;
- It
is identical with or too nearly resembles the name of the limited
liability partnership or a company in liquidation or it is identical with
or too nearly resembles names of the LLP or a company which is struck
off, up to the period of 5 years;
- Name
Requiring Approval: It
includes words like 'Bank', 'Insurance' and 'Banking', 'Venture capital'
or 'mutual fund' or such similar names without the approval of the
regulatory authority;
- Misleading Names: It is intended or likely to produce a misleading impression regarding the scope or scale of its activities which would be beyond the resources at its disposal;
- Countries
Names: The
proposed name includes words like French, British, German etc., unless
the partners satisfy that there is some form of collaboration and
connection with the foreigners of that particular country or place, the
name of which is incorporated in the name;
- Professional
Names: The
proposed name of limited liability partnership includes the words company
secretary, chartered accountant, advocates or such similar words as
indicative of a profession, as part of the proposed name, the same shall
be allowed only after obtaining approval from the Council governing such
profession or such authority as may be nominated by the Central Government,
in this behalf.
- Prohibited
Words: 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.
Also read Company Name Guidelines.
