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According to section 4(2) of the Companies Act, 2013, what is a restriction on choosing a company name?
  • a)
    The name must not be similar to any registered company's name.
  • b)
    The name should include words associated with the Central Government.
  • c)
    The name must be in English only.
  • d)
    The name must be a unique word.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
According to section 4(2) of the Companies Act, 2013, what is a restri...
Section 4(2) prohibits choosing a name that is identical or too similar to the name of an existing registered company. This is to avoid confusion and ensure distinctiveness among company names.
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According to section 4(2) of the Companies Act, 2013, what is a restriction on choosing a company name?a)The name must not be similar to any registered company's name.b)The name should include words associated with the Central Government.c)The name must be in English only.d)The name must be a unique word.Correct answer is option 'A'. Can you explain this answer?
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According to section 4(2) of the Companies Act, 2013, what is a restriction on choosing a company name?a)The name must not be similar to any registered company's name.b)The name should include words associated with the Central Government.c)The name must be in English only.d)The name must be a unique word.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about According to section 4(2) of the Companies Act, 2013, what is a restriction on choosing a company name?a)The name must not be similar to any registered company's name.b)The name should include words associated with the Central Government.c)The name must be in English only.d)The name must be a unique word.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for According to section 4(2) of the Companies Act, 2013, what is a restriction on choosing a company name?a)The name must not be similar to any registered company's name.b)The name should include words associated with the Central Government.c)The name must be in English only.d)The name must be a unique word.Correct answer is option 'A'. Can you explain this answer?.
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