The Company name that includes the following will require Central Government approval: (a)Board (b) Commission (c) Authority (d) Undertaking (e)National (f) Union (g) Central (h) Federal (i) Republic (j) President (k) Rashtrapati (l) Small Scale Industries (m) Khadi and Village Industries Corporation (n) Financial, forest, Corporation and the like (o) Municipal (p) Panchayat (q) Development Authority (r) Prime Minister or Chief Minister (s) Minister (t) Nation (u) Forest corporation (v) Development Scheme (w) Statute or Statutory (x) Court or Judiciary (y) Governor (z) Bureau Also, the usage of word Scheme with the name of Government, State, India, Bharat or any government authority or in any manner resembling with the schemes launched by Central, state or local Governments and authorities also require approval from Central Government Ending Names As per the Act, it is mandatory to suffix the type of Company name or should be shown as prescribed.

The usage of company type in a different format will not make the company unique.

Utility proof To prove that the registered address of the company is functional, it is required to produce a utility bill of the registered address of the company.

It is worth to note here that a Partnership Firm and a Sole Proprietorship do not qualify as a Company, as it doesn’t involve registration.

The assets of partners are secured 2.Perpetual Succession: Similar to those of a company, the LLP have the facility of nominating the successor.

Also, the members of a company are not liable for the company's debts to its creditors. 4.

Certain non profit types of companies can also be established in India, they are: Section 8 Company A Section 8 Company is the most popular forms of Non-Profit Organizations in India, recognized under the Companies Act, 2013.

Step 1A: DIN and DSC Registration Along with the registration of Name of the company, the key shareholder of the company should obtain his Directors Identity Number or DIN.

No, FDI is not allowed for One Person Company, if it is, then it will lose its One Person Company status. 3.

Perpetual Succession:  As per the provisions of the Act, in the event of inability or death of the owner of the single person company, the nominee shall take over the reins of the one person company 3.