Wednesday, 10 July 2013

NAME AVAILABILITY GUIDELINES, 2011 – REGISTRATION OF ELECTORAL TRUSTS AS COMPANIES UNDER SECTION 25 OF THE COMPANIES ACT, 1956

ISSUING AUTHORITY : MINISTRY OF CORPORATE AFFAIRS
DATE OF ISSUE : 28/06/2013
GENERAL CIRCULAR NO. 12/2013

Name including phrase 'Electoral Trust' may be allowed for Registration of Companies to be formed under Section 25 of the Companies Act, 1956 under the Electoral Trusts Scheme, 2013 with below mentioned restrictions:
    1. Such company formed under Section 25 of the Companies Act, 1956 shall be the new company and will be required to comply with Section 293-A of the Act.
    2. The Name Application shall be accompanied with an Affidavit.
    3. Words indicative of Special type of business constitution or legal person for e.g. Cooperative Sehkari, trust, LLP, Partnership, H.U.F, Society, Firm, Inc,, PLC, GmbH, SA, PTE, Sdn, AG, etc. shall not be allowed.
For detailed Circular, log on to the Link given below

http://www.mca.gov.in/Ministry/pdf/General_Circular_12_2013.pdf

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